Category Archives: minimum wages

Pay back time for foreign companies – Shaun Rein

American and European companies in China are complaining they are less welcome than in the past. That might be a correct feeling, says business analysts Shaun Rein to Bloomberg, for example when it comes to a higher living standard for their workers in China.

Labor conditions improve fast – Sara Hsu

China´s labor conditions were notoriously bad, but the shift to higher-skilled, younger laborers, and better legislation has changed the country profoundly, writes urbanization expert Sara Hsu in the Diplomat. Although, there is still room for more improvement.

Why rising labor costs won´t drive manufacturers away – Shaun Rein

Wages rise fast in China, on any level, and many manufacturers who came to China for its low labor costs think about leaving. They should think twice, says business analyst Shaun Rein in Business Week, since the financial advances of moving an operation might be disappointing.

Time to improve the lot of workers – Zhang Lijia

Many signs show that the lives of workers in China are improving, financially and otherwise. About time, writes former rocket-factory worker Zhang Lijia in The Guardian. Time for the former “Masters of the Nation” to gain some benefits.

Indonesia benefits as wages rise in China – Shaun Rein

Cheap production is shifting to countries like Cambodja and Indonesia, as the Chinese government targets a firm rise of the country’s wages, to improve domestic consumption, notes business analyst Shaun Rein in CNBC, returning from a trip to Indonesia.

Why Nouriel Roubini is wrong on China – Shaun Rein

Nouriel Roubini via Wikipedia The famous economist Nouriel Roubini predicted the American financial crisis, and now says China is in trouble in 2013, writes Shaun Rein in CNBC. But he…

Zhang Juwei

Zhang Juwei is the Deputy Director General of the Institute of Population and Labor Economics at the Chinese Academy of Social Sciences. He is a leading expert at one of China’s most prominent think tanks on China’s economic development and its implications on labor. He travels from Beijing.

Zhang Jun

Zhang Jun is the Chang-Jiang Professor of Economics at Fudan University and Director of the China Center for Economic Studies. Prof. Zhang is a respected scholar and commentator on China’s economic reform who speaks regularly on Chinese TV stations and publishes dozens of articles in papers annually. He travels from Shanghai.