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.
In two previous posts, I wrote that businesses in China are facing shortages on both ends. There are not enough workers AND there are not enough managers.
According to one consultant, only about 10% of Chinese candidates are qualified to work in such areas as finance, engineering and accounting.
China also has fewer than 5000 managers qualified to work for multinationals and more than 75,000 such jobs are expected to be created in the next 5 years alone!
Beijing realizes it, too, needs to do something. And they have, by initiating a few policies.
1. The government is loosening rules that prevent rural residents from moving to cities to work (but where will they live?)
2. The government is offering tax breaks to overseas Chinese who return to the mainland (that will mean less crazy drivers in my parts, at least…until someone replaces them…and there will always be someone.)
3. The government is encouraging an overhaul of the higher education system to include more practical classes and vocational training.
In this way, there will be more trained workers and people to manage them.
It makes sense to me.
Does it make sense to you?
Do you think it can be done?