Local firms to surge ahead as employment landscape alters

Multinationals losing ground to more agile rivals in battle for talent

Home grown Chinese companies are set to outperform their multinational rivals in winning over the next generation of Chinese executives in the coming decade, according to a report from top management consulting firm Bain.

Many Chinese executives are willing to forego a perhaps more predictable career path at a multinational company and choose the steeper learning curves and career trajectories associated with local companies, the report says.