That, again, seems optimistic. The US in 2010 was still sufficiently attractive to suck up plenty of Chinese graduates, to say nothing of her wealthy.

Given the degree to which the Party has undermined the security of private property and economic achievement, I think that trend will continue. The US would have to literally plunge off a cliff to seem a worse alternative for someone in the 95th percentile of China’s income distribution, or who expects to reach it.