China is trying. Around the time the US announced restrictions on the H-1B visa, China announced the K visa for attracting immigrants [1].
At this point in time, I don't think people are lining up to get K visa to go live in China. But if the current trajectory continues in the US, who knows how things will be in 5 years?
[1] https://www.china-briefing.com/news/chinas-entry-exit-k-visa...
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China has a global reputational problem that will take decades to fix.
The US has a global reputational advantage that will take decades to fall behind China, regardless of what any US administration does.
Nobody sane is going to believe rhetoric claiming that the US is somehow worse than a country that keeps 1.5 million people in concentration camps, and where people work 70 hours per week, no matter how many times Reddit tells them so.
Exactly. And what is the EU doing to attract American talent that doesn't want to live under the Trump regime with his ICE stormtroopers? Nothing really. Meanwhile, highly accomplished people in the US with Chinese ancestry are being wooed to China to do important R&D there.