China’s notoriously grueling ‘996’ work culture – working 12 hours a day (9 am to 9 pm) and six days a week – has recently come under the spotlight.
In this week’s China Outbound, we look at German FDI in Malaysia and Myanmar, India’s FDI performance, and how Vietnam is benefiting from the US-China trade war.
China’s new VAT policy took effect on April 1, 2019 and aims to boost economic activity in certain sectors by lowering VAT rates and increasing VAT credits.
The new policy aims to solve migrant workers’ residency challenges, boost urbanization, and spur domestic consumption.
China will cut US$45 billion in fees and tariffs for businesses and individuals as the government seeks to ease the pressure of a slowing economy.
We highlight key aspects of China’s labor market in 2019, including labor costs, job preferences, talent shortages, and relaxation of hukou limits.
American manufacturers are not fleeing China. Some firms are downsizing or relocating to other parts of Asia, but for the most part, firms are still invested.
In this week’s China Outbound, we look at financial digitization in Singapore, universal basic income in India, and the Thu Thiem Urban Area in Vietnam.