The National Defense Authorization Act (NDAA) for 2027 is coming into focus after the House and Senate armed services committees advanced their versions of the bill earlier this month.
We have to bring back our workers. You take a look at what’s happening to steel and the cost of steel and China dumping vast amounts of steel all over the United States, which essentially is killing our steelworkers and our steel companies. We have to guard our energy companies. We have to make it […]
The latest US-China Business Council (USCBC) assessment of China’s economic reform efforts has not changed since the previous update in February 2016.
Asia Society’s high-level United Nations General Assembly-related events began with a discussion on the outlook of US-China relations after the 2016 election.
Suppressing rising property prices is a common theme through President Xi Jinping’s speeches, the Ministry of Housing and Rural-Urban Development’s (MOHURD) policies, and Central Commission for Discipline Inspection (CCDI) campaigns. The state’s anti-corruption apparatus will continue to be deployed in tandem with Xi’s supply-side policies to reduce excess housing in small cities and deflate the housing bubble in large cities. To anticipate the direction of government policy on real estate in the near future, it is important to keep track of political developments and personnel shifts within the government, particularly conclusions from the sixth plenum of the 18th Party Congress this month and the opening of the 19th Party Congress next fall.
According to the Shanghai Municipal Human Resource and Social Security Bureau, a new regulation on wage payment methods for Shanghai-based organizations went into effect August 1. The new regulation, issued to replace the 2003 version, expands the scope and makes several clarifications and improvements on wage calculation and standards. The new regulation is expected to minimize law disputes regarding wage issues with more specific guidance and solutions.
Many employers in China are overlooking the importance of a staff handbook and instead are relying on an employment contracts, which often don’t include some key provisions. While an employment contract details important terms such as working hours, salary, main duties, and responsibilities, issues such as overtime rules, codes of conduct, performance standards, promotion standards, and KPIs are often omitted.
