Partners at Linklaters are betting on China to drive the firm's growth in Asia during the next few years, having chosen Zili Shao, currently head of the firm's China practice, to replace Giles White as its regional managing partner.
Shao is not the obvious choice, according to a rival lawyer, but his China practice is clearly seen as a driver of the improved profitability that the firm wants to nurture. Links are smart and know where to put their resources for future growth, says the rival. China will have its own problems, but it will be a top economic powerhouse for a long time to come. It's unthinkable that China will not generate...