Vietnam’s lower operating costs – in terms of both land-use rights and worker salaries – mean that inevitably, production of low and medium tech products will leech away from China into ASEAN. Here is a checklist of the issues your China manufacturing base will face as a result of this.
In this week’s China Regulatory Brief, we discuss changes to R&D investment subsidies in Guangzhou, a swath of trade and investment agreements signed between China and Russia, and Dongguan’s revised annual inspection timeframe.
In this China Regulatory Brief, we discuss US$18.1 billion in trade deals recently signed between China and Germany, the revival of coal import tariffs in China, and Guangdong’s release of official guidelines for wage increases n 2014.
China, the world’s biggest coal producer and consumer, is facing a poignant dilemma: whether to turn up its effort to tackle air pollution and curb carbon emissions or boost its flagging coal industry to prevent a sharp economic slowdown. Recent developments show the latter argument is winning out.
Heightened pressure in China’s labor market means that employers are commonly required to terminate employees to optimize their business operations. Legally speaking, this is by no means an easy thing to do, especially under the comparatively stringent regulations on terminating employment contracts since 2008.