Will rising wages in China force manufacturers to go back to the US? A report of the Boston Consulting group suggest so, but economic analyst Arthur Kroeber tells in Euro Money that might be a wrong assumption.
Category Archives: wages
Shanghai-based business executive Shaun Rein gets many requests from people in the US, who are desperately looking for jobs in China. But a booming economy does not mean that jobs are easily available for foreigners coming to China, he tells in CNBC.
hinese executives of state-owned giants are following their Western counterparts in the salaries they claim from their companies. Wrong, says Zhang Juwei, director at the Chinese Academy of Social Sciences in the China Daily. The government should limit their salaries.
Cooling down inflation, stiff rising wages: China’s leadership has a hard time to steer between two evils, writes business analyst Paul Denlinger in Forbes. Things do not look well for the new leaders in 2012.
China’s regulators have been scrapping preferential treatment of local firm to win procurement contracts from the government, originally meant to strengthen indigenous innovation. “It is a sign the government is listening to the needs of foreign companies,” says Shaun Rein in the China Daily.
Bill Dodson has been writing extensively about social unrest in China and what it means for foreign companies. In his weblog he focuses on the fact that most strikes have been at factories owned by Japanese, Taiwanese and some Hongkongnese. Some observations.
Sociologist Tricia Wang is trying to blend in as a migrant working in Wuhan and reports on her weblog about her experiences. “Are we too dirty for your eyes?”