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According to a reader who worked as a HR manager in a company based in China, when he put up a job advertisement to hire locals (mainland Chinese) for a few engineering positions in Shanghai, he received a deluge of resumes from PRC NTU students instead.

“I have got 78 PRC China national resumes on FREE Singapore Govt sponsor scholarship expecting to graduate from NTU this March. All of them already got a work permit and are allow to apply for PR within 2 month of working in Singapore. But these 78 PRC NTU students are not finding a jobs in Singapore, because jobs position is in Shanghai. They are planning to get a free scholarship and head back to China upon graduation, not planning to come back and without serving the bond,” he wrote.
The scholarship these students are holding is the Khoo Teck Puat Scholarship Programme which only Singaporeans (excluding Singapore PRs) and People’s Republic of China (PRC) citizens from both NUS and NTU are eligible to apply.
The terms and conditions include:
 The Khoo Teck Puat Scholarship Programme covers tuition fees and provides an annual living allowance of S$5,800. For PRC citizens, an annual accommodation allowance (pegged to the lowest room rates) as well as one-way airfare at beginning of course and two-way air return passage upon graduation will be provided.
 The scholarship is tenable for the minimum period of candidature for the respective undergraduate course at NUS.
 This scholarship is tenable for any course leading to a first degree, except Medicine and Dentistry, Nursing and Music. Only Singaporeans (excluding Singapore PRs) and People’s Republic of China (PRC) citizens are eligible to apply.
 There
 is no scholarship bond attached to the Khoo Teck Puat Scholarship. PRC scholars are required to take advantage of the Tuition Grant Scheme and serve a 3-year Tuition Grant bond under the Scheme upon graduation.

Despite the generous terms offered to PRC students studying in Singapore institutions, an increasing number of them prefer to return to China and further their careers rather than staying on here.
In a Gallup poll done in July last year, the top three emigration destinations for college students in China are the United States, France and South Korea. Singapore was not featured within the top five.
One PRC student we know told us that though he earn slightly less in China (RMB), the cost of living is comparatively lower there and he is closer to home with his families and friends
Another still find it harder to adapt to the lifestyle in Singapore after spending six years here.
“The culture in China is very different from Singapore. Though Singapore is predominantly a Chinese society, the locals here have a completely different mindset from the Chinese (in China). The motherland is always a home in our hearts,” he said.
A common trait among mainland Chinese is that many of them are strongly patriotic about China. They would rather offer their services to China than to swear allegiance to Singapore.
A PRC national and Singapore PR by the name of Zhang Yuanyuan sparked an outcry last year by proclaiming her loyalty to China proudly on a Chinese television.
Many Chinese nationals from Singapore universities have since returned home including a famous broadcaster from CCTV who came to study in NTU in the 1990s.
With China becoming an economic power to reckon with, the brain drain will reverse in the next few years as Singaporeans flock to China in search of new opportunities and challenges.
As for the Singapore government which has been happily sponsoring the education of these PRC students, it is unlikely that they will get any returns on their investments when even the top students are abandoning Singapore for “greener pastures” in China

Soure: http://www.temasekreview.com/2010/02/25/prc-ntu-graduates-on-govt-scholarship-applying-for-job-positions-in-china-instead-of-singapore/