By  on July 3, 2007

BEIJING — China's newly approved national labor law may improve conditions for millions of workers, experts agree, but it's as yet unclear what impact it might have on rising wages and other costs for international businesses operating here.

After a decade of drafting, months of late-stage negotiations and some 190,000 public comments, the Chinese legislature last week approved the first update to the country's national labor contract law in nearly two decades. The new law, which takes effect Jan. 1, will standardize previously gray areas in the country's employer-employee relations.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus