There is no doubt that China is taking a hit from the global financial crisis. Companies are reducing costs and headcounts at varying degrees and job hunters are becoming increasingly desperate for work. But every cloud has a silver lining, as they say, and this downturn is no exception. As Wen Jiabao stated earlier this month, a wealth of opportunities will be created for those who stress innovation and adapt to the drastic changes in China’s economic conditions.

Read the rest of “A downturn in China? Here’s the good news.” or post a comment >>