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Chinese companies look to Wall Street for talent

By Liu Jie (China Daily)
Updated: 2008-11-25 16:23

Chinese recruiter Career International announced today it is preparing to go to Wall Street to find financial talent for its domestic clients, the first time for a local human resources company to directly find overseas financial expertise for Chinese enterprises.

Gao Yong, president of the Beijing-based HR company, told China Daily that this is an ideal time for businesses to recruit high-quality personnel engaged in finance, since the financial tsunami has led to laid-offs of banking and financing talents, who have greatly reduced their package expectations.

Meanwhile, unemployed Wall Street staff, with rich experience and professional skills, is eyeing huge opportunities in emerging market, like China and India.

Career International will soon put recruitment ads in the Wall Street Journal and its website and organize teams to hold job fairs in the United States to attract Wall Street talents.