I know that in the next 5 yrs China will be the strongest economy in the world..now I've observed that MBA schools in UK have so many chinese students and I am told most pay their school feesby Cash and up front..now I wonder if that is a secret programme by their gvt in preparation for a global domination?

China and India will emerge in future withstrong and competitve economies - it's all about the cheap labour. May be that's why Western Telecom companies are moving their jobs to those countries.

Doing an MBA = world domination

urm

Don't think so!

maybe other factors, but from what I heard anyone can do an MBA

well..from what I understand is that there are so many chinese students doing theirMBA'S in UK universities than any other country and the trend started about 4 yrs ago..I think maybe Chinese are fed up with western managersintheir country so they have decided toeducate their own..which is more understandableespecially.

Cultural counter-revolution as MBA fever grips Chinese students

The number of MBA programmes in China is on the rise, but where you study determines the quality of the degree, reports John Gittings


The Guardian

The party school of the Communist party of China held a passing-out ceremony a few days ago. The students were in caps and gowns as if on college campus. The curriculum that once focused on class struggle and the transition to communism now includes subjects such as United States-China economic relations, the environment and social democratic thought. The students no longer become "theoretical workers"; they emerge with degrees and doctorates - and many go into business after doing their stint with the party.

Education has been restored to the high esteem it enjoyed before the Cultural Revolution, when colleges closed and students were sent to factory and countryside to "learn from workers and peasants". Last month more than 5 million students who have finished secondary school took college entrance exams. Twenty years ago only 2.4% of those applying for further education were successful; now more than 70% are.
Like everything else, education has to be paid for, but it is seen as an investment for the future, and more and more graduates are seeking to improve their qualifications. Every other young professional one meets seems to have caught "MBA fever".
The first MBA programme in China was introduced only in 1990 when it was officially decided that the nation was "in desperate need of high-quality business leaders". In that year just 86 students enrolled. By the end of 1999 there were 23,500 students taking MBA courses and 5,000 graduates.
The busiest table in every Chinese bookshop is now laden with MBA course material and guides on how to win a place at business school - preferably abroad. One of the most popular books is a translation of Spencer Johnson's Who Moved My Cheese? - the world's best-selling business book, which preaches the need for creative adaptation. It has generated dozens of Chinese derivatives with titles such as I Won't Move Your Cheese and No More Cheese.

Almost as popular is a book called Liu Yiting, Harvard Girl, written by parents who steered their daughter towards a Harvard scholarship.
As with every craze that sweeps China these days, MBA fever quickly attracts those hoping to make money from it. An enterprising outfit in Beijing, offering MBAs in association with foreign enterprises of uncertain status, has its office in the hotel attached to the famous Qinghua University. Students need only attend classes once every two months - as long as they pay at least 32,000 yuan ($4,500) - to obtain an MBA from the Southwest International University, which is registered in Hawaii and offers "unaccredited" degrees.
Most MBA students know that the value of the final degree depends largely on the reputation of the institution that grants it, and they study the league tables rating Chinese, Asian and worldwide MBA schools.
The decision to seek a further degree often involves leaving a job and borrowing money from family and friends. It is not taken lightly.
"I was going to be the general manager in my company", says an MBA candidate in Shanghai, "and I was already a key person. Business was good, but it was a small provincial state-owned enterprise, and I had a sense of standing still. After consulting with two former bosses and my family, I decided to take the plunge and have not regretted it. Now I have acquired a globalisation approach."
Japan and Hong Kong already have as many qualified MBAs per capita as the West. MBA programmes at universities in Singapore, Thailand, the Philippines and Korea, as well as Hong Kong and Japan, score high on many lists. China has started late: only the China Europe International Business School in Shanghai (part-funded by the European Union) achieves similar scores.
Most MBA students are in their late 20s and have already secured a reasonable job (many institutions offer part-time courses) but wish to do better. Others are government cadres who wish to escape from what is seen as a dead-end profession.
China's entry to the World Trade Organisation has given a new boost to the MBA fever as the walls that restricted foreign business access come down. All MBA courses now require a high degree of proficiency in English, which is seen as the global business language. According to one calculation, as many as 2 million Chinese already work in businesses funded by foreign capital.
High-flyers in the best MBA schools have set their sights beyond a better job at home. Chinese commentators note that, while US demand for skilled business management grows, the US population in the 35-40 age bracket is declining.
Beijing is now beginning to show concern at a new brain drain which, according to the Market Daily, will transport "more and more well-educated Chinese technicians and executives to alien lands". Foreign headhunters are setting up offices in Beijing and Shanghai. Hong Kong and Singapore, whose professionals once walked into jobs on the mainland, are now recruiting from there to fill their own needs.
Chinese students have been going abroad, and some have been staying abroad, for more than 20 years. Many in the 1980s had been alienated by the Cultural Revolution or doubted that reforms would loosen the party's grip on the economy. There was another surge of migration after the 1989 Beijing massacre. Migration since then has been more business-orientated, and many have returned as they see how the worlds of business and the party increasingly overlap.
However, the latest wave of overseas-bound talent may be less willing to wait. For them the moon shines brighter elsewhere - or perhaps they are lured by the cheese.

www.guardian.co.uk

i know china's economy is improving and poverty is being wiped out there, but when it comes to india, its a myth. india is still a very poor country with only a few middle class, but the majority of the population live in abject poverty.