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Global Sourcing China: Despite dearth of professionals strong consulting growth until 2011

According to new research from Kennedy Information, "The Asia Pacific Consulting Marketplace 2008-2011: Key Trends, Profiles and Forecasts," China's unique need for localized firms -- combined with limitations in its education system -- are leading to a scarcity of consulting talent. The situation is, according to many consultancies in China, the sole issue limiting growth. Still the China consulting market is expected to achieve over 20% CAGR over the research's forecast period of 2011, and the Asia Pacific region overall maintains it status as the highest growth market in the consulting world today. "Even in 2005, interest in the APAC region was driven primarily by opportunistic servicing of growing domestic consulting demand in each market and the wish to support global clients in their endeavors in Asia Pacific," states analyst Damien Blenkinsopp. "Today, a much larger group of firms has moved toward an overall strategic interest in the APAC region....