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Beijing: Executive Search Market Opens Up For Foreign Recruiters

 

Recruitment firms that wish to enter the China market will now find it easier to go direct, thanks to changes in the rules associated with JV’s in the region.  It’s now possible to have a 70% holding in a local business…

Foreign talent agencies can now own up to 70 percent of a joint venture registered in the Chinese capital, up from 49 percent, Chen Bei, a spokeswoman for the city's Human Resources and Social Security Bureau, said on Tuesday.

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