Advice for Chinese careers
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Wb HK? Seems like a viable fit for you. Their pay is also generally on par with London.
I can consider it as a new destination I suppose. They unfortunately speak a different Chinese language so I'd just be an English speaker there.
I mean people do speak cantonese . But I believe at the large BBs there they would speak mandarin. Many of my Chinese oxbridge peers (who came from mainland China) ended up working in HK.
I suppose I could see if they would hire me for some roles. It's expensive as hell I've heard.
Isn't it cheaper than london? Also the tax is a lot lower.
Just checked it out and for a single guy, if I get salaries similar to what I'd get in the UK I'd save about the same.
In Shenzhen if I got paid €20,000 a year I'd save the same as I would on a €35,000 salary in Ireland lol.
You will save a lot more in HK, compared to London
Assuming similar costs of living (higher rent in HK, but less on food, restaurants, expenses etc) and the same salary: 100K GBP after tax is just 67K GBP, whereas in HK 1.1M HKD is 915K (85K GBP) after tax... 31% more, and this gap increases as you earn more
And considering post-Brexit GBP, salaries in HK will also be higher by ~30% compared to London for equivalent entry-level finance roles
It's a massive difference... >50% more net saved in HK
Being white and also able to speak Mandarin is definitely a plus in HK. The market is dominated by Chinese business and you’ll use Mandarin a lot at your job. In terms of daily life though, yeah English would probably work better as a lot locals don’t speak Mandarin that well.
I'll learn a bit of Cantonese while I'm there if I go, shouldn't be as difficult after knowing Mandarin. Do you know much about the firm's there? As in, do they hire from EU?
Mainland Chinese working in HK:
Not sure of Mainland job market, but for HK you definitely have good chance of recruiting with BBs if you speak both English/Mandarin fluently and have good education/internship backgrounds. From what I've seen, being white only lowers your chance when you don't speak Mandarin and are not senior enough.
This website deletes Chinese comments I guess. No worries,I read your comment through my emails. Yeah I'd expect fewer opportunities for a foreigner, probably best for me to stay and work in Ireland or in the UK for a Chinese company as they've already given me some offers. Thanks for your insight!
No problem. Best of luck in your new job!
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Try Singapore? Everyone ditching HK for SG and there’s a shit ton of rich Chinese people here + lots of western firms and pay is great
They also speak English and Mandarin so it's the perfect combination for me. I've been mulling over the different cities I could go to and it seems like I'll choose between there, Dublin or London. I'll have to see who hires me and how much they pay now.
That's great! I strongly recommend Singapore if u get the chance. It's the perfect mix of a high growth and high wage economy. There's also the opportunity to meet great people too!
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