oarla

Not sure if it is fair to compare India and China/Korea. I don't know much about the history of China and Korea, but I doubt if both those countries faced full scale colonialism like India did. Recovering from the devastation caused by 200+ years of colonial rule takes a while.

S.Korea particularity benefitted from the Korean war. USA stepped in and boosted it's economy.

Does this affect existing H1B visa holders working in USA?

Exactly! A lot of people in developed and developing countries are depressed because they thought that wealth and materialistic possessions would bring them happiness, when all it got was more things to worry about.