個案資料

China is facing a shortage of workers as its demographics and role as the “factory of the world” change. Though set to remain an export hub, China is climbing the value chain and its middle class is growing, so that “Made in China” will turn into “Sales in China.” Since the economic crisis, Asian markets have shown resilience for three reasons. Firstly, Asia is diversifying its trade base, with less dependence on Western trade and more domestic and intra-Asia trade. Also, economic diversity has stabilized the region, due to the presence of developed financial centres like Hong Kong, sophisticated manufacturing bases like mainland China, and low-cost manufacturing, such as in Vietnam and Bangladesh. Finally, the region is well financed, with such rapid economic growth that the Asian middle class is expected to account for over 40 per cent of total global consumption by 2020. A global talent imbalance exists due to high unemployment in mature markets and talent scarcity and rapid economic growth in Asian markets. Opportunities in this scenario include the chance for foreign universities to attract more Chinese students, a role for the subsidiaries of multinational enterprises to develop capable talent for Chinese operations, a prioritization of Chinese-language schools, and a strengthening of relations with China in the key area of trade engagement.

• Economic Growth
• Value Chain
• Middle Class
• Asia
• China