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Big multinational firms also look to the major business schools to train managers for their Chinese operations.
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For many senior managers in Chinese high-tech companies, Jobs is a role model.
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Several years ago, I took a group of my Chinese managers to the United States for a week-long series of meetings.
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One of the reasons for its success in China has been a willingness to promote local Chinese managers into virtually all executive positions, after nurturing and socializing these men within the company over a period of years.
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Chinese firms, for their part, complain that they are bullied by foreign purchasing managers to cut costs.
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Chinese companies are growing so quickly that training programs can barely keep up with the demand for qualified managers.
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Other managers, including Robert Horrocks, chief investment officer at Matthews International Capital Management, are increasingly hunting for Chinese small caps, which have been harder hit than larger firms over the past two years as banks tightened their lending standards, but are expected to gain as financing opportunities improve, he says.
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