From Engaging China:
Kelly Services ,a leading US recruitment firm, has acquired P-Serv , a Chinese company specialising in temporary and permanent staffing and executive search.
Established in 1990, P-Serv has offices in HK, Singapore and seven China cities — Chengdu, NanChang, Shanghai, Beijing, Suzhou, Guangzhou, and Shenzhen. As part of Kelly’s deal, Paul Ng, MD of P-Serv, will join Kelly Services as Senior Director and General Manager for Greater China
In 2006, China’s staffing market was estimated at $2bn, and, according to Kelly Services, it is predicted to grow to $2.5bn this year due to continuing high demand for specialised talent. The general shortage of candidates combined with the continued solid economic environment makes China a promising market for western HR services industry. [Full Text]
