America is a society that attracts people and retains them. They have been taking in the best talent from Asia. Look at the number of Indians in their banks and universities – Vikram Pandit, for instance, the former CEO of Citibank. Some Singaporeans are choosing to stay in the US after studying there. That is why I am in favour of sending students on scholarships to Britain instead, because I am sure they will come back. In the UK, you do not stay behind because you are not welcome. And because the economy is less dynamic, there are fewer jobs for you.

