Think global, think China.
You simply have to understand China now, in some industries at least, say, automotive or most things related to mobile or consumer products, for instance. China knowledge in these industries is required and you won't learn much about China without spending time in China. You won't be able to understand, or value, companies like Coca-Cola, Nestle, or GM without understanding the China market.
Guanghua Professor of Investment and 2017 Linkedin Top Voice #1 in Finance, Prof. Jeffrey Towson, offers insight into the advantages of having a China MBA and how to position yourself to make the best out of your strengths. Read Prof. Towson's full article here.