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5 Ways China’s Brain Drain Slowed By Multinationals

Submitted by Bill Belew on Sunday, 17 December 2006No Comment

It used to be that China was afraid of losing their best talent to a multinational company.

Not so any more. The multinational is now helping China with its 'brain drain.'

1. China's best are attracted to multinationals – 40% of China's elite work for foreign-invested enterprises.

2. Many multinationals can now operate in China. Students who went overseas to work are coming back. brain-drain.jpg

3. Training provided by multinationals can help improve Chinese researchers. A good academic background does not always equate to market experience.

4. Well-trained workers in multinationals are becoming a potential human resource for Chinese local companies.

5. China has become one of the major R & D bases in the world – 61.8% of the world's multinationals consider China as a first choice when setting up R & D institutes overseas.

So, it seems that the initial 'brain drain' by multinationals has come full circle and is now making quite a contribution to China.

What do you think?

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