The crowds might be back in China’s restaurants but they are not spending as much as they used to. The economy is not back on track, the labor market is bad and salaries are being cut. Business analyst Shaun Rein has sent his researchers out, and they did come back with bad news, he tells CNBC.Read More →

Women have been bearing most of the burden of China’s shift from state economy to market economy, says author Zhang Lijia of Lotus: A Novel, on prostitution in China, at the BBC World Service. Despite a lot of advantages, women suffered severe setbacks. State owned companies let women go at 45 years of age, and getting hired at the sexist job market has been harder than ever, she adds. “Some refuse to hire women at a child-bearing age.”Read More →

Top executives at China’s internet giant Tencent earn higher salaries than their counterparts at Amazon, Twitter, Intel Apple and IBM, according to job portal Zhaopin.com. Business analyst Shaun Rein is not surprised, he tells the South China Morning Post. There is no other way to retain their talent in China.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 →