Fewer Skilled Graduates May Hinder China　　A shortage of well-trained graduates could hinder the growth of the Chinese economy and prevent it from developing more sophisticated industries, according to a report by consultants McKinsey. The universities have a theoretical, text-book, learn-from-the-master approach. English teaching also had insufficient emphasis on conversational skills. Of the pool of 1.6m young engineers in the country, only about 160,000 have the practical and language skills to work for a multinational. Not only are there fewer graduates available to multinationals than many companies realize, but they also face fierce competition from local companies.