Economist Arthur Kroeber might have been an acknowledged bull on China´s economy in the past, now, for 2016 he expects things to turn worse than they are already, as the heavy industry is expected to shed 7 million jobs, he tells at NPR.Read More →
Economist Arthur Kroeber, previously an acknowledged bull on China, turns even bearish when he looks at the prospects for 2016. In Market Place he predicts “A turning point for the worse”.Read More →
While the government is fearfully watching China´s number of jobless, the official figures have very little meaning, says financial analyst Sara Hsu at the Deutsche Welle. “We do not even know the labor force participation rate, which is essential in calculating the unemployment rate.”Read More →
Graduates have this year a hard time to find good jobs, even in a labor market that shows huge shortages in other parts. High quality jobs are hard to get in China, tells associate professor Victor Shih in the New York Times.Read More →
China is trying to employ this year 7.5 million graduates, and while getting a job is not as hard as a few years ago, high-profile politicians have encouraged them to start their own companies. Financial analyst Sara Hsu wonders in the Diplomat whether that will work, even with help from the government.Read More →
For centuries the world has been hoping China would become a buyer of (their) consumption products. Now this has been the official line of the central government and financial analyst Sara Hsu looks how successful the push has been from investment to consumption in the Diplomat. Good jobs are key, she argues.Read More →
China´s economy entered a downward trend in February. And while a lower economic growth might still be alright, the real danger lies in a weaker labor market and pressure on social stability, says business analyst Shaun Rein in the Voice of America.Read More →
China is ahead of Europe and the US in creating ´green´ jobs, but environmental enforcement is still lagging, writes economic analyst Sara Hsu in Triple Crisis. Critical failures make big parts of the country uninhabitable. Sara Hsu: China continues to lag behind in some critical ways. While environmental law enforcementRead More →
Yahoo has announced it will close its remaining Beijing R&D facility. A move that only makes sense, given the poor shape the former internet giant is in now, tells business analyst Shaun Rein in Livemint. 300 People are going to lose their jobs.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 →
Price and quality might be leading criteria for Chinese consumers, but surprisingly social responsibility of producers is also an issue. Author Paul French points in EthicalCorp.com at two recent surveys, featuring increasing social conscience in Asia and China.Read More →