51Job Cautions about Recent Chinese Government Economic Measures

From 51Job's (JOBS) Q2 2006 earnings conference call transcript:

Rick Yan - CEO

The growth of our business is inherently related to the continued development of the Chinese economy. Over the past few weeks, there has been increasingly positive government authorities are introducing a range of posterity measures to prevent an overheating of the Chinese economy.

We are closely monitoring the impact of these measures on our customers and what changes, if any, may affect the HR budgets and recruitment plans.

As we cannot control the pace of economic development, or of a certain impact on market demand for recruitment services, we continue to focus our efforts on executing our strategic imperatives of profitable growth, improving productivity, and strengthening our market position.

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