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 →
Blatant discrimination on the job market is one of the major challenges for women in China. But they are gearing up to sue companies and institutions in court, if their adds search for ´male only´, notes author Zhang Lijia in ChinaFile. Read More →
China has announced it will cut salaries of key managers at its state-owned banks. A bad idea, tells political scienist and financial analyst Victor Shih in Businessweek. An exodus of bankers would cause “a big mess”.Read More →
Income inequality is nothing new in China, but as economic growth declines, inequality seems to grow disproportionately, writes financial analyst Sara Hsu in Triple Crisis. And that wealth moves abroad, in stead of helping the domestic economy to develop.Read More →
Figures coming from China, especially recent PMI data look gloomy, but business analyst Shaun Rein does not expect any major stimulus plan soon, he tells in MoneyControl. Only high unemploymency, for example when many graduates cannot find jobs in June, could trigger off a minor stimulus plan.Read More →
China has been raising wages over the past decade, and many manufacturers have been contemplating to move to neighboring countries, like Cambodia. But being cheap is not enough for those ASEAN countries to attract production from China, warns author Shaun Rein of The End of Cheap China, in the Phnom Penh Post.Read More →
Wages rise fast in China, on any level, and many manufacturers who came to China for its low labor costs think about leaving. They should think twice, says business analyst Shaun Rein in Business Week, since the financial advances of moving an operation might be disappointing.Read More →
“How much do you earn?” That is one of the surprising questions Chinese strangers can ask you. But they might not only expect a figure, but a conversation, as a salary in China is very complicated feature, explains business analyst Shaun Rein in NPR’s Marketplace.Read More →
A growing group of well-educated Chinese women have a hard time to find a husband. Shengnu or “leftover” women they are called and author Zhang Lijia explains in The Telegraph why that is a highly insulting description.Read More →
“Mercifully, The End Of Cheap China is not another academic tome about the most miraculous economic transformation of our times,” writes Andy Mukherjee in a review in the Strait Times about Shaun Rein’s The End of Cheap China: Economic and Cultural Trends that Will Disrupt the World.Read More →
Cheap labor has made the country into a source of deflation for global consumers, but as Chinese wages go up, consumers in Wall-Mart and elsewhere better prepare for higher prices, tells the author of The End of Cheap China Shaun Rein an in interview with the BBC radio.Read More →
The changes described in business analyst Shaun Rein’s bestseller ‘The End of Cheap China”, offers not only challenges, but also opportunities, writes Seeking Alpha in a review of the book.Read More →