Chinese retirees residing abroad now have an easier time processing the renewal of pension qualifications. Ministry of Human Resources and Social Security official Lang Xinzhou said the simpler procedure is intended to basically to demonstrate the government’s respect to the nation’s retirees. Pensioners do not have to show retirement certificates, or “proof of living,” to ...
Trade between China and Cuba from January to September hit US$1.6 billion, or a 57% increase year-on-year. China is now Cuba’s second biggest trading partner next to Venezuela. Chinese exports to Cuba were valued at US$1.33 billion in the first nine months of this year for an 82.4% rise. Cuban exports to China though fell ...
While expatriate workers continue to enter the mainland and firms seek to relocate domestic staff to other parts of the country, China’s regulations and regional differences remain complex and challenging obstacles. FOREIGN EMPLOYEES working across a number of industries in China are now viewing their time in the mainland as beneficial to their careers, while ...
WITH THE business world growing ever more global, business schools are looking to diversify in terms of international reach as well as the courses and curricula offered. The landscape of executive education is slowly shifting, with courses of study featuring more entrepreneur-focused electives and increased numbers of female applicants. Comprehensive Education The benefits of studying ...
Vice Premier Hu Chunhua recently chaired a meeting to discuss how to ensure stable employment amidst the coronavirus outbreak. He echoed other top leaders and told businesses that they should get back to work “in a well-organized and safe manner while carrying out epidemic prevention and control work.” The government seems to be taking various ...
As China’s economy continues to struggle in the wake of the COVID-19 outbreak, clients are increasingly asking if authorities will use the property market to support growth. Supposedly, this is not going to happen. The central bank, for one, explicitly noted in its Q4 monetary policy that the property market will not be used as ...
Whatever outcome China and the US reach on the trade war, US President Donald Trump has achieved a big victory: companies are beginning to rethink their reliance on China. The two sides are getting closer to reaching an agreement, and Trump announced that an “epic” trade pact could be weeks away. Still, in the face ...
Leading investment banking platform BankerBay is opening its first China office in Shanghai and has appointed Pin Li, a seasoned executive, as CEO of its China operations. The company was founded in 2014 and has experienced phenomenal growth rates over the past year and a half. BankerBay is thrilled with this expansion, and CEO Romesh ...
US businesses and farmers are thrilled that a phase one economic and trade deal has been announced by the US and China. “This is an encouraging first phase that puts a floor under further deterioration of the bilateral relationship,” notes US-China Business Council President Craig Allen. The deal is widely seen as a very positive ...
China’s MICE sector faces challenges on all sorts of levels, but the industry’s underlying growth story remains strong Despite concerns over an economic slowdown in China, and the continuing impact of the government’s official austerity drive, China’s underlying economic growth continues to nurture an active business community. The development of this community and their projects ...