Young foreign professionals in Beijing
August 12, 2009 | Posted by Chris
Young American college graduates increasingly seek to begin their careers in Beijing or Shanghai rather than in the tougher US job market, the New York Times writes today. These younger professionals are drawn to entrepreneurial jobs in Beijing and elsewhere, because they believe working in China "allows them to skip a rung or two on the career ladder." Jack Perkowski, author of the influential book Managing the Dragon, says that he has seen a "surge" in the number of young foreigners coming to Beijing. "These young people are part of this big second wave," he says. Most of the new entrants reported by the Times knew little or nothing of where they were going before deciding to learn more; now, in the words of one such young Beijing professional, "It's China's fault that I'm still here...It's just so cheap to start a business."