When considering Asia for your business operations, establishing an initial presence in Vietnam can be more economical than doing so in China By Rosario Di Maggio Jul. 30 – Many foreign investors operating in China today are looking at Vietnam as a sort of additional “province” or alternative hub to integrate into their current Chinese […]
Jul. 13 – The Shenzhen Municipal Bureau of Labor and Social Insurance recently issued the “Shenzhen Municipal Human Resources Market Salary Guide (2012) (hereinafter referred to as ‘Salary Guide’).” The data in the Salary Guide is based on random surveys of employees across different industries in the city. Shenzhen’s overall high, median and low monthly […]
May 29 – Davide Cucino, president of the European Union Chamber of Commerce in China, has warned that the investment climate among European businesses in China is becoming increasingly negative. Citing stalled reforms and perceived discrimination, the Chamber – in conjunction with Roland Berger Strategy Consultants – found through a recently conducted survey that problems […]
Update (January 28, 2013): See our most recent – and more comprehensive – article on China’s minimum wage levels by clicking here. By Julia Gu May 25 – Recently, soaring costs in China’s traditional manufacturing clusters, including land prices, tightening environmental regulations, and wage overheads, have been posing challenges for manufacturers. The Chinese government is […]
With several prominent China economists suggesting that China’s growth has flat-lined and given increasing costs in China, there is a need to consider other options. Here is an overview of India, Vietnam and Myanmar and what is happening in these different, yet rapidly-emerging markets.
Mar. 27 – Social security in China is a complex topic because although it is based upon guidelines issued by the central government, the specifics and administration of the system is managed at the local level. This is the only practical method in a country as diverse as China, as any rigid system defining specific […]
The Chinese government, as a matter of national policy, has been increasing minimum wage levels by 15 percent to 25 percent annually for the past three years. How this is manifesting itself is an interesting case study, and we offer some interesting graphics to help visualize the current situation.
Feb. 15 – Doling out overtime payments can be expensive for employers. With regards to paying overtime in China, employees are grouped into three categories working under different systems – the standard work hour system, the comprehensive work hour system, and the non-fixed work hour system. The standard work hour system requires that an employee’s […]