5 Ways China’s Brain Drain Slowed By Multinationals

5 Ways China’s Brain Drain Slowed By Multinationals

Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.

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

Not so anymore. 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.

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?

Talk to Bill and others about their experiences raising bi-cultural Japanese-American kids.

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