In my view, according to my experience, it is valuable for you to study in foreign universities. Very different thoughts, ideas, culture and skins. You will have a fresh mind. In fact, the ways how to do research are different between China and foreign countries. For research, China has its own standard which is a lower level compared to the international standard in my view. Therefore, studying in a foreign university, you will be more international.-------
Honestly I suck at English... I want to study abroad, but I hate to take the GRE/GMAT, a formidable barrier for me as you know. I'd rather spend more time on CFA level 3 and my research. Is there not any chance for me to study abroad (e.g. in the US) without a good GRE/GMAT score?
Things are getting more difficult in general right now, as far as GT goes cause I understand they're changing the style. As to application, full scholarship would be hard for some majors, but then it's always competitive for top universities so same story as always.
Spending years of your life and a huge chunk of money on this is such a big decision that I encourage everyone to give mature considerations to. Putting aside how to land the application, it's about what you want to do in the future and whether it's a good fit.