After being upset by China's rare-earth counter-reaction, the U.S. top rank began to count the remaining codes in their hands.On October 13, local time, U.S. Finance Minister Bessent, in an interview with Fox News, directly took Chinese foreign students as codes, and issued a new threat.
Bescent first hinted that if China did not revoke the new rare earth control regulations, the United States might expel Chinese students studying in the United States and take action in the software and financial fields. He further said, "There are 300,000 to 400,000 Chinese students studying in the United States, but only 800 American students are studying in China, which is a serious imbalance".
Taking tens of thousands or even hundreds of thousands of Chinese students studying in the United States as a threat, the U.S. Treasury Secretary thought he had thrown a "bomb", but in fact it was a "smelly bomb"-silent.
The U.S. Treasury Secretary thinks that adding a threat can raise the quota on the negotiating table.
In fact, it is wrong. tens of thousands, and even hundreds of thousands of people study in the United States, and eat and drink in the United States, which is not a small expense. If an international student spends $100,000 a year (school fees + living costs), 300,000 will create $30 billion in "income". In the end, it is creating GDP for the United States.
2. The U.S. Treasury Secretary thought that China would counter possible measures for overseas students like counter-tariffs.
In fact, it was wrong again. If the United States deports China students studying in the United States, even if China opposes, it will not say that it will do the same, because this is the most boring and lowest-level "peer-to-peer game." On the contrary, it will react from other areas, making the United States really feel the pain.
But backwards, as the U.S. finance minister, the level should not be so low, why would you threaten with such a trick? in fact, if you stand from an American perspective, hundreds of thousands of foreign students seem to be indeed a “bomb”.
On the one hand, hundreds of thousands are behind hundreds of thousands of families.The US Treasury Secretary may naively think that once these students are driven back, hundreds of thousands of parents will definitely not be willing. It is even said that some people may have important voices and positions in important fields. From this perspective, it looks like a "bomb".
However, I wonder if the US Treasury Secretary has considered it, could these people have no choice but to study in the United States? If the United States dares to expel, then countries such as Britain, Canada, Australia and Germany will be happy.
On the other hand, the racial superiority of "white supremacy" caused Bescent to play this international student card.Some analysts pointed out that in the minds of many Americans, they believe that the reason why China is developing so fast is because it has "stolen" American technology, coupled with cheap labor, and achieved overtaking in corners.
In terms of six generations, the United States is still in the PPT phase, but China is already testing it. However, there are a lot of Americans who really believe that we "steal" America's technology for a long time. and the reason that the United States did not come up with it is because the Democratic Party blocked it. and this idea is the typical "white supremacy". so, they may really think that expelling foreign students can not "steal" technology from the United States.
However, from our point of view, threatening hundreds of thousands of international students is a "smelly bomb"-it will not have a threatening effect. First of all, as mentioned just now, if you don't study in the United States, you can also go to other countries. Because studying abroad is not like a chip, if you can't get it out, you can't get it out, and studying abroad is very substitutable.
Secondly, for many years, the United States has continuously restricted the direction in which Chinese students can study. Some fields that play an important role in promoting scientific research, such as artificial intelligence and machine learning, quantum computing, aerospace, nuclear engineering, etc., are not allowed to study for Chinese students. The allowed contents are some humanities and social sciences and social sciences majors, such as management, psychology, sociology, international relations and communication.
Besides, let's say something bad. In the early years, when the United States also allowed Chinese students to study key science and engineering majors such as computer science, the gold content of international students was still relatively high. But looking at the job market in recent years, international students have long since ceased to be popular. In the final analysis, the United States now only wants to engage in "cultural export", not "technological export".
Although there are so many problems, there is also a fact to be admitted. At present, the United States is still one of the preferred destinations for Chinese students to study. The reason for this situation is that some people are still immersed in the past "American Dream" and have a special filter for the United States.
For a variety of reasons, Bessent thinks he has played a “bomb” level card, which is actually a “bomb of odor” that not only does not have too much impact on China, but instead damages U.S. income, and even potentially harms “pro-Americans.”
This, of course, is a devastating blow to students who are studying in the United States.Therefore, also advise students who are preparing to study – be careful choosing to study in the United States as a destination!