Dissed by your boss? Can't get that corner office? China wants to turn Shanghai into a financial center that could rival New York, Singapore, Hong Kong and London by 2020. According to BusinessInsider there's just one small problem.
Via China Daily:
Foreign banks and local securities companies are scurrying to find workers with the right skills and experience. Even Tu Guangshao, Shanghai's vice-mayor in charge of finance services, says the greatest inhibitor to the city's bid to be a world financial center is the lack of professionals.
In April, 56% of Shanghai companies surveyed by eFinancialCareers.com said that they were looking to expand. Of those, 95% said they were hampered by the lack of talent in town. In another eFinancialCareers.com survey, of financial professionals working in Shanghai, 77% said they were happy with their jobs but looking for other opportunities. 13% said they hated their jobs.
"As the financial services sector in China is constantly challenged by changes, organizations are looking out for middle- to senior-level professionals who possess high levels of initiative and the ability to build long-term relationships with clients as well as autonomously sell products and services that are targeted to individual client needs…
Read more at http://www.businessinsider.com/hey-bankers-want-to-move-they-could-use-you-in-shanghai-2011-7
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