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CHINA: "2016 Business Forecast: China's New Business Reality & the Imperative for Change" report

CHINA: "2016 Business Forecast: China's New Business Reality & the Imperative for Change" report. 9-page report by InterChina Consulting.

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back to index backCHINAtalk April,  2007


Education: expat MBAs see brighter future back in China

A growing number of Chinese students at U.S. business schools are eager to return home on graduation. This trend is fuelled by China’s booming economy, which is perceived to offer more exciting career prospects than the West, writes Ronald Alsop in The Wall Street Journal. According to experts, even some Chinese-American students born in the U.S. are keen to move to China. The safe way for students to head East is by joining a multinational company, notes the author. Yet a few entrepreneurially-minded students, who see China as the new Wild West, are even starting-up alone, he adds.

Their knowledge of languages and business customs make Chinese MBAs ideal managers for Western companies in China, enabling them to charge more for their expertise. Salaries for returnee MBAs have increased substantially over the past five years ago, explain experts. Many firms also offer a bonus, housing allowances and other incentives to make homecoming financially attractive for Chinese MBAs, adds the author. Yet some Chinese students still prefer to work a while in the U.S., where a higher income can help them pay off their education debts faster, before going home. Many also see a short spell with a U.S. company as vital firsthand experience of Western business culture that will advance their careers later on.

Source: Egon Zehnder International - GAI


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