Last week in the print edition of the Wall Street Journal, there was an article on "Bridging China's MBA Gap." Apparently, more than a few Western universities are pairing up with Chinese universities to offer international MBA programs. Two New York-area universities were mentioned in the piece: New York University, which has partnered with China-Europe International Business School and Tsinghua University School of Economics & Management; Fordham University, which has partnered with Peking University.

Then, later in the week, the Wall Street Journal appeared to contradict itself, running an article about the value of home-grown business talent in China. The gist of the story was that VC firms looking to fund new businesses in China are overlooking Western MBAs with slick marketing skills in favor of long-time China veterans with gritty (and more practical) business plans.