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You mention that a career search in the valley is possible in the USA. So insead has a good brand in the valley? Wouldn't it be more famous in the consulting front?
Understand that MBB has a wealth of schools to choose from in the USA, but surely they'll know about the large European players like LBS and Insead.
Also did you find that the people who secured a role in USA were the USA citizens or were there Australians who got roles in USA as well.
How valuable do you think having Wharton/Kellogg is in the resume for the exchange? Despite two months being relatively useless for networking, does having a known name US school help?
Anything is possible. In fact, finding a job in the Valley might be easier than getting an offer for China.
For the consulting firms,
normally they would be coming to INSEAD to fill in global jobs. There is enough supply for the US jobs in MBB from the US schools. Having said that, it's not impossible either. It's just an usual track and you would be facing a lot more competition.
I don't think you can rely on my judgment re: Wharton or Kellogg names and their influence on your chances to land a job. These are big names indeed, but I'm not sure whether they play a big role. Kellogg wouldn't be too relevant for MBB anyway.
But in any case, you can discuss it with career advisors once you start a program. There is need to rush with this decision - you can decide later.