Asia is going local: Foreigners need not apply

‘Forget expats’ and ‘Foreigners need not apply’ – these statements sound rather uncommon in today’s environment of multinational business. However, a recent WSJ article uses these statements to describe the shift in recruitment practices in Asia. Specifically, the article notes that western companies doing business in Asia now tend to prefer local employees, as opposed to expatriates, to fill important executive positions.

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