When the first small partnerships tried to register themselves as consultants in China in the late 1990s, the Communist-ruled country did not even have a category for “management consultant” as a type of business.
Since then, Chinese consultancies have done a little too well. There are now hundreds across China, ranging in size from a few individuals to a dozen firms that have grown to about 1,000 people each in just a few years.
By contrast, McKinsey & Co employs 18,000 people globally and 500 researchers and consultants in Greater China.
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