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U.S. Trade Representative (USTR) Katherine Tai launched the probe in April 2024 at the request of the United Steelworkers and four other U.S. unions under Section 301 of the Trade Act of 1974 ...
The last time China publicly announced a nationwide increase in pay for civil servants was in 2015, when the government raised pay for local officials by more than 30% as part of an effort to ...
Ecuador's foreign ministry announces the reinstatement of visa requirements for travelers from China, citing an increase in irregular migratory flows from the latter. [39] 21 June – China officially defines Taiwanese separatist behavior as a criminal act. [40] 22 June – Six people are found dead following a landslide in Shanghang County ...
With greater transparency for investors at Ford comes the need for a tighter grip on costs.Local reports out of China on Monday suggested the auto manufacturer was preparing to cut 1,300 jobs in ...
Women have been a major labor presence in China since the People's Republic was established. Some 40–45 percent of all women over age 15 are employed. China's estimated employed labor force in 2005 totaled 791.4 million persons, about 60% of the total population.
The new regulations affected Evergrande Group, China's second-largest property developer, and the Chinese real estate market as a whole. [5] In addition, the Chinese shadow banks, such as Sichuan Trust, have been greatly effected by the property sector crisis due to over lending and a crackdown on regulations. [6] [7]
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China's labor market was highly regulated and dominated by state-owned enterprises, with an average unemployment rate of 3.7 per cent between 1988 and 1995, but this rose sharply after numerous lay-offs between 1995 and 2002, reaching an average unemployment rate of 9.5 per cent between 2002 and 2009. [32]