How About China?

With all of the bank regulation that is coming into law both in the US and Europe now and in the next few years, is it becoming more advantageous for graduates to work in emerging markets? I have not been following the issue too closely, but if strict regulation is put in place, could bonus and salary fall enough here to make working in China a more successful and lucrative career path? I am still an undergrad, but it seems that moving to an emerging country with high prospects for growth could be a better career move for recent graduates than staying in the US/UK where competition for jobs and profits is so high.

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