Human Capital Management in CHINA 2007

The document discusses human capital management challenges in China. It notes that while China has a large population, there is a shortage of qualified talent to fill key roles at multinational companies. This is due to a skills gap where many job seekers' qualifications do not match requirements. Common talent shortages are in qualified managers, salespeople, technicians and engineers. Additionally, rising costs are making labor more expensive in China as wages increase nearly 10% annually. This poses human capital management challenges for companies operating in China.