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Asian Wall Street Journal
ˇ. The growth of the economy of China has been tremendous, which also leads to a great demand of hiring experienced managers and professionals who have been in the industry for quite a while with sufficient industrial knowledge plus necessary network. Hence, the business services industry, especially human resources consulting, has gone up as quickly as the manufacturing sector, especially in big cities, e.g. Shanghai and Beijing, where the cost of doing business has increased to a level that is not so competitive as other smaller cities for manufacturers but are highly suitable for industries such as consulting. Major recruitment consulting firms have all come to China and big global executive search companies, e.g. Korn/ferry International now are in China battling for its Asian success while some other recruiting firms, e.g. Search & St¨˘affing International, are also doing well with its professional expertise and tailor-made solution to global companiesˇ.
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