Is obtaining a PhD from an Asian country really a career suicide? There is a proverb going around for a long time 


  Doing a PhD from an Asian country is a career suicide.



What is the significance of this proverb in case of Computer Science?
Does this also include high ranking universities in Russia and the middle East?
Does international ranking have any positive effect in this regard (e.g. there are some universities from China and Singapore among the top 20)?


Reference


What are some down sides of doing PhD in a Japanese/ Korean/ Chinese university than that of the USA?
Are there any professors with PhDs in Humanities from Asian Universities working outside of Asia?
Why is a PhD from a university outside of the white sphere called ‘career annihilation’?
Well, your question is broad, but to be on point, Asia needs PhDs, if you have the competent advisor and the relationship is not "master and servant", then you have high prospects to become a good independent scholar. Competition for the job is lower than in West.
About ranking, I really can't comment if it is beneficial in future employment, I think what is important is the ranking and the impact factor of the journals where you publish.

That being said, there are departments in obscure places in Iran, Thailand, Turkey, Taiwan that have higher H index than well know and regarded departments in West.

Also as far as I noticed, gender relationship and position of women in STEM is much better than in West.