Category: Management

Millennials and the Future of Business

As China’s 385 million people aged 18 to 35 reach adulthood, these Millennials are taking control of the world’s second-largest economy. While China’s economic growth has slowed in recent years, it remains well over 6 percent. As that growth continues...

Q&A: Labor Disputes and Labor Law Compliance in China

Labor disputes often arise due to companies underestimation or ignorance of China’s strict labor laws. Keeping up to date with China’s labor regulations and taking proper precautions to prevent disputes from occurring can save employers immeasurable stress.

/ March 3, 2017

Managing Commercial and Labor Disputes in China

MNCs are now faced with a particularly stressful situation. As China’s economy is starting to slow, foreign companies are reassessing their footprint in China – and many have realized they no longer need the facilities, people, or partners they had....

/ March 1, 2017

USCBC’s Forecast 2017

On January 25, 2017, the US-China Business Council hosted Forecast 2017, a half-day program featuring comprehensive projections for the Chinese business and political environment in the year ahead. This annual event joined leading China business analysts and policymakers to discuss...

/ January 26, 2017

5 Steps to be an Effective Leader

In a world where capital is effectively priced at zero, as much as 30 percent of bottom line performance stems from the leadership’s ability to harness and implement ideas better than its competitors. Yet most companies say their leaders reliably...

/ January 4, 2017

New Regulations on Wage Payment Methods in Shanghai

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...

/ November 2, 2016

Don’t Forget the Staff Handbook

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...

/ October 31, 2016

Winning the War for Talent in China’s “New Normal”

China’s economy is changing rapidly thanks to the growing purchasing power of the expanding middle class and the digital disruption of multiple sectors. It is little wonder that competition for top Chinese talent—especially in fast-growing China-based companies—is becoming ever more...

/ October 19, 2016

Four Mistakes to Avoid When Hiring Your Next Information Security Chief

Arguably, no hire is more important today than chief information security officer. If that seems like an overstatement, then ask the board of directors of Target, Sony Pictures, Home Depot, J.P. Morgan, or any one of the long list of...

Building a better government affairs function in China

New standards for the clinical and regulatory approval of foreign drugs and treatments in China’s pharmaceutical market are clouding revenue projections for multinational drugmakers, but they also represent an opportunity. A closer look at the regulatory challenges multinational pharmaceutical companies...

/ August 24, 2016