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Why Foreign Corporations in China Aren’t as Popular Among Job Seekers as They Used to Be
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Why Foreign Corporations in China Aren’t as Popular Among Job Seekers as They Used to Be

Luo Jie
Wellestudio163, 2019
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Chinese job seekers used to covet positions with foreign corporations. But since the late 2010s, young job seekers’ preferences have shifted toward homegrown companies. In this article from NetEase’s Wellestudio163 WeChat wemedia account on social and business trends, Luo Jie traces the evolution of Chinese views toward Western firms in China. Learn why foreign companies that used to be synonymous with wealth and sophistication have fallen from grace. 

Take-Aways

  • Between the 1980s and the early 2000s, working for a foreign corporation in China meant prestige, success and sophistication.
  • Foreign companies flourished in the 1990s when China’s market economy was still nascent.
  • As China’s economy grew, domestic firms began appealing to job seekers.

About the Author

Luo Jie writes for Wellestudio163, an official WeChat account created by Chinese internet company NetEase. Wellestudio163 focuses on history, business and current social trends. 

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