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Mate, we are in 2025. Rarely people here think in the same terms like you do - “East / West”. It does not matter where you are right now.
Another thing is “local market understanding” which is appreciated skill. And yes if you get this local context understanding it can improve your value proposition.
Depends on role and company. Still situations where someone with western education / experience matters a lot. But that’s less common now than in past for sure.