With Europe and the US growing expensive, more Chinese students are opting for Malaysia, Thailand or Indonesia for education and employment

Kent Cai, a Chinese entrepreneur based in the eastern province of Zhejiang, made a major life decision earlier this year by moving abroad to pursue a PhD.

While this is not uncommon, his destination of choice might appear unusual – he did not, as many of his peers, relocate to the United States or Europe.

He went to Malaysia.

“In Southeast Asia, the chances of approaching venture capital are much bigger than in China. And being a PhD student here makes it easier to catch investors’ attention,” he said.