That is the view of John Quelch, Dean of the CEIBS business school in Shanghai.
FORBES: There Are No Weekends In China - How Asia's Biggest Dragon Is Driving Growth
Classes will be based on CEIBS' Chinese programmes, but with African-specific case studies also featuring.
ECONOMIST: A selection of news from around the business campuses
"It becomes a strong marketing tool if a school has this China engagement, " Mr. Velamuri of CEIBS says.
The programme is headed by Kwaku Atuahene-Gima, a native Ghanaian who has been a professor of marketing at CEIBS for several years.
ECONOMIST: A selection of news from around the business campuses
The rise in the number of Western-funded programs like ceibs shows how seriously both the Education Ministry and foreign governments view the problem.
In fact, earlier this month, Professor John Quelch left Harvard Business School to become Dean of China Europe International Business School (CEIBS) in Shanghai.
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In Asia, the demand for EMBAs is particularly buoyant, with more than 700 managers enrolling on the program at the CEIBS school in Shanghai, China.
"I have committed 13 years to my company, " says Hou Yunfu, a 35-year-old engineer whose ceibs tuition is being funded by China National Petroleum Corp.
Dean John A. Quelch, a veteran of the Harvard Business School and London Business School, insists that despite economic turmoil in Europe, the CEIBS brand in China remains untarnished.
He also talks about Corporate Social Responsibility in China, and a student-led initiative that has meant that CEIBS is the first certified carbon-neutral campus of any business school in the world.
FORBES: There Are No Weekends In China - How Asia's Biggest Dragon Is Driving Growth
"China's government directly manages the country's education system, " says Liu Ji, executive president of the China Europe International Business School (ceibs) in Shanghai, a venture funded by the city's municipal government and the European Union.
George Yip is leaving the top post at the Rotterdam School of Management in the Netherlands for the China Europe International Business School, or CEIBS, where John Quelch, a onetime head of London Business School, recently became dean.
In this video interview, John explains what business schools like CEIBS are doing to develop the ideas and management skills that will make that change possible, in a country that now sees entrepreneurial spirit as a force for good.
FORBES: There Are No Weekends In China - How Asia's Biggest Dragon Is Driving Growth
Outside of North America and Europe, some of the highest rankings achieved in the Asia-Pacific come from the Melbourne Business School, the China Europe International Business School (CEIBS) in Shanghai, the Hong Kong UST School of Business, Macquarie GSM, the Australian GSM and Singapore's Nanyang Business School.
The best emerging-market schools are determined to go global (or at least regional) in their own right: CEIBS has increased the proportion of its students who are foreign from 10% in 2002 to 40% in 2009 and is hoping to create an Ivy League for the East.
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