Actually you're both right.
The term Chinaman company is very demeaning and a tad insulting.
And always, often, we always compare with western MNC in term of these criteria of comparisons.

that's why, we have to set a clear definition of 'chinaman' as defined in my first post. and MYTH sections that bunks every other things.

'chinaman' here is clearly a certain mentality.
Even japanese management company also have these mentality.
You havnt worked for Indiaman company yet. also another kind of mentality.

That's why, 'chinaman company' now is no longer a term exclusive just for chinese.
BUT, it's a term that actually describing a certain type of management or mentality that plague people in general, impartially
Attached is an interesting long journal read about Malaysian kiasu-ness[attachmentid=3872696]

I would say all but  some (not naming it specifically ) Berjaya Group of Companies. 

Saii lohhh Saiii loohhh

If you want to work for a Chinaman company don't work for those big ones like Public or Hong Leong Group. Work for those very very small ones where the pay is miserable, the hours are long and gruelling and you are expected to do everything from sales to accounting. Better still if you have a boss that generally just don't care. I tell you if you can put in 4-5 years in those kind of jobs, really work your @sses off and be very very good at your job and really get to know the business and the people (i.e. the suppliers, customers, etc) you can easily come out and set-up your own company and take all the clients away. Its your ticket to your own company with min risk.

But strange none of the younger generation people see this golden opportunity.
There is always opportunity behind hardship. But people see the hardship but they don't see the opportunity

Haha I can't believe there is a thread specially 4 the chinaman company. Kudos ts. I also in chinaman company coming out from MNC which kicked me out after only 2 weeks probation. Now I am staying strong after 2 years.

Macam mana MAA TAKAFUL can be considered Chinaman company? Any particular division or company wide?

there corrected
MNC job - pay more & benefit higher, flexible
              your job performance review every 6 months
              Expect you to contribute less and extra work is compensated
              In short, stretch your capability and comfort zone

Chinaman -  pay can be significantly lower. Benefits a lots lower
                  Job performance review 12 months or some 6 months
                  Expectation - boss snap finger work done dont care you 3 days no sleep. Requires intense multi tasking.
                  In short, simple structure.  No room for creativity and initiative for improvement.
                  Promotion chances - easier if you are a relative.