labor - US firms note lack of talent

A shortage of skills is the top challenge for US firms in China, says the American Chamber of Commerce in Shanghai in its "2006 China Business Report", according to Xinhua.
The report is not online available.

Charles Mo, who heads human resources at the chamber of commerce, said the skills shortage had, for the first time in five years, overtaken bureaucracy as the No. 1 headache for U.S. companies in China.

The vast majority of U.S. companies said their China operations were suffering from challenges in recruiting capable Chinese managers and retaining them," Mo said at the press conference in Shanghai yesterday.