For centuries the world has been hoping China would become a buyer of (their) consumption products. Now this has been the official line of the central government and financial analyst Sara Hsu looks how successful the push has been from investment to consumption in the Diplomat. Good jobs are key, she argues.Read More →
China´s economy entered a downward trend in February. And while a lower economic growth might still be alright, the real danger lies in a weaker labor market and pressure on social stability, says business analyst Shaun Rein in the Voice of America.Read More →
China is ahead of Europe and the US in creating ´green´ jobs, but environmental enforcement is still lagging, writes economic analyst Sara Hsu in Triple Crisis. Critical failures make big parts of the country uninhabitable. Sara Hsu: China continues to lag behind in some critical ways. While environmental law enforcementRead More →
Yahoo has announced it will close its remaining Beijing R&D facility. A move that only makes sense, given the poor shape the former internet giant is in now, tells business analyst Shaun Rein in Livemint. 300 People are going to lose their jobs.Read More →
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.Read More →
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.Read More →
Price and quality might be leading criteria for Chinese consumers, but surprisingly social responsibility of producers is also an issue. Author Paul French points in EthicalCorp.com at two recent surveys, featuring increasing social conscience in Asia and China.Read More →
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. Read More →
The magic dance around China’s annual GDP has become a different ball game, tells economist Arthur Kroeber in the China Money Podcast. And linking the country’s economic growth to the growth of jobs is nonsense anyway.Read More →
Making sense out of China’s economy by the statistics is tough, explains economic analyst Arthur Kroeber in NPR. The percentage of unemployed tells us very little, although there might be some proxies, he muses.Read More →
The news China is using large amounts of North Korean workers sounds at first counterintuitive. Why is the world’s most populated country importing labor. Business analyst Shaun Rein explains it to NPR’s Marketplace.Read More →
Being part of the aspiring middle class is not easy, Shanghai-based author Paul French knows. Their house keepers – or ayi’s – are hard to get, prices go up and your food gets poisoned, he summarizes the ordeal in the China Economic review.Read More →