Since the end of the isolationist Maoist era, China’s economy has expanded rapidly. Lots of foreign nationals are now working there, while other expats-to-be are looking for a job in China. Before moving, you should get informed on monetary matters, such as cost of living, currency, and banking.
Although the phenomenal growth of China’s economy has recently slowed down somewhat, the country might still be the world’s largest national economy in about ten years. However, to stabilize that growth and address the issue of sustainability, the Chinese government will face a number of challenges in the coming years. A need for improved education, social inequalities, an aging population, and environmental issues are all potential threats to the increasing prosperity. But finding creative solutions for these problems might also provide a number of business opportunities, e.g. in the green technology sector. These business opportunities might also result in interesting specialist jobs for expats with the proper know-how. At the moment, most highly qualified expats are based in the costal mega-cities. Beijing, Shanghai, and the cities of the Pearl River Delta, especially Shenzhen and Guangzhou, offer plenty of employment in manufacturing and the service sector.