Investing In China: Proposed Labor Contract Law

Posted by Rob on August 23, 2009 under Labor Law | Be the First to Comment

If you are considering setting up a company in the People’s Republic of China (the “PRC”) you should be aware that Chinese law is more protective of employees than the laws of many western nations, particularly the United States. The current PRC Labor Law was enacted in 1994; however, a new PRC Labor Contract Law, [...]

Investing In China: Hiring, Firing And Labor Law

Posted by Rob on July 24, 2009 under Labor Law | Be the First to Comment

One of China’s major attractions for foreign investors is its low labor costs. In the central provinces entry-level laborers can be hired for as little at US$60 per month and college graduates work for as little as US$150 per month, although labor costs in the more affluent coastal provinces are about three times as high. [...]