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.
Category Archives: minimum wages
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.
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.
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.
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 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 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.