Indian apps to American grad programs drop 28% this year; Chinese apps drop 45%. European apps are up - talent is being displaced by transaction costs, like retardedly lengthy visa apps.
Absolutely shocking stuff - confirmation of systemic problems in innnovative capacity to come.
Such events rarely are are so one dimensional ..visa issues leading to drop in number of application - there could be multiple reasons for this decline. And one of those reasons is definitely the near double digits growth in both these countries.