China IPO- New Oriental: Training China's Eager Middle Class

Many multi-national firms operating in China from L’Oreal to GM have complained about the lack of qualified talent at the junior and mid-level managerial levels which leave them unable to scale their operations. Although there are many Chinese youth looking for jobs, too many of them have not been equipped by China’s university system with the tool kits needed to thrive in a fiercely competitive corporate world.