Chinese Job Seekers Prefer Searching Online

China’s online recruitment market will generate about $97 million this year, according to Sinocast, a Web site focusing on business in China.

Zhang Jianguo, president of ChinaHR.com Corp., says that 70 percent of job hunters in Beijing, Shanghai, Guangzhou and Shenzhen prefer to use the Web in their job hunts. Monster isn’t missing out: It’s investing in a popular Chinese recruiting Web site. Sinocast reports June 8 that ChinaHR.com may use the money to go public in due time, but for now the company will focus on expanding its business.

In other news, a government official in India is lobbying Intel to set up a manufacturing facility in that country.

According to Asia Intelligence Wire, the India’s minister for communications and information technology, Dayanidhi Maran, “said that the global giant had shortlisted China and India for setting up a factory.” Intel currently has a software development center (but not a hardware manufacturing plant) in Bangalore and does research and development in China.