Category Archives: wages

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.

Labor costs put pressure on productivity of workers – Shaun Rein

Wages have been rising fast in China, and companies are struggling to improve productivity of their workers to remain competitive. There is still much to win, says business analyst Shaun Rein, author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia in Business Week.

Capping SOE´s top salaries helps firms – Zhang Juwei

Against the global trend, China is capping the salaries of the leaders of its major state-owned companies. A good idea, says Zhang Juwei of the Chinnese Academy of Social Sciences (CASS) in the Global Times, and in the long run beneficial for the quality of those firms.

Closing the wealth gap by cutting executives´salaries – Zhang Juwei

Worldwide corporate executives might earn more than ever before, China is cutting their salaries to reduce the gap between poor and rich. China´s state owned companies (SOE´s) are setting an example, says Zhang Juwei, a research fellow at the Chinese Academy of Social Sciences, at the Global Times.

Sex discrimination ends up in court – Zhang Lijia

Blatant discrimination on the job market is one of the major challenges for women in China. But they are gearing up to sue companies and institutions in court, if their adds search for ´male only´, notes author Zhang Lijia in ChinaFile.

Winners and losers in Hong Kong´s widening wealth gap – Wei Gu

The wealth gap in Hong Kong is widening and WSJ wealth editor Wei Gu explains who are the winners and the losers. That economic disparity has been an underlying ground for the recent protests in Hong Kong, she explains. Real estate en retail belong to the winners, students and workers lose most of the time.

Why China cannot cut its banker´s salaries – Victor Shih

China has announced it will cut salaries of key managers at its state-owned banks. A bad idea, tells political scienist and financial analyst Victor Shih in Businessweek. An exodus of bankers would cause “a big mess”.

Income inequality grows, as economy declines – Sara Hsu

Income inequality is nothing new in China, but as economic growth declines, inequality seems to grow disproportionately, writes financial analyst Sara Hsu in Triple Crisis. And that wealth moves abroad, in stead of helping the domestic economy to develop.

Only high unemployment might trigger off real stimulus – Shaun Rein

Figures coming from China, especially recent PMI data look gloomy, but business analyst Shaun Rein does not expect any major stimulus plan soon, he tells in MoneyControl. Only high unemploymency, for example when many graduates cannot find jobs in June, could trigger off a minor stimulus plan.

Being cheap is not enough for Cambodia – Shaun Rein

China has been raising wages over the past decade, and many manufacturers have been contemplating to move to neighboring countries, like Cambodia. But being cheap is not enough for those ASEAN countries to attract production from China, warns author Shaun Rein of The End of Cheap China, in the Phnom Penh Post.