china: news and opinion

Practice and Procedures for Termination of Employees Due to Financial Difficulties in China – Part 1

In light of the financial downturn, many foreign invested and domestic companies in China have been laying off their employees in masses. Though much of the focus has been in the manufacturing sector with stories of massive lay-offs and factory shutdown,... ...full story at Success Stories

from Success Stories on Wed, May 20 2009

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02 Dec 08		Premier Wen visits domestic companies.wmv » YouTube videoBEIJING, Nov. 23 (Xinhua) -- Chinese Premier Wen Jiabao called on domestic companies to pump up confidence in coping with the global financial crisis during his inspection of enterprises in eastern Shanghai and Zhejiang Province from Friday to Sunday. ...
27 May 09		Practice and Procedures for Termination of Employees Due to Financial Difficulties in China – Part 2 » Success Stories Termination due to financial difficulties Under the second financial difficulties option, Article 41 of the PEL provides that employer may terminate employees without their consent. Under this option, employment may be terminated and, but for a one time...
12 Feb 09		Hong Kong's ATV lays off over 200 employees » People's Daily Asia Television Limited, or ATV, one of the free-to-air broadcasters in Hong Kong, announced on Thursday it was sacking 207 employees due to financial difficulties amid the global economic downturn. In a letter circulated to staff, ATV Executive...
18 Dec 08		Interview: dual opportunities in the crisis » People's Daily The current global financial crisis and economic downturn mean great opportunities for both Chinese companies and foreign companies. Chinese companies should take the opportunity to go international --- toward the financial sector and in the property...
14 Jul 09		China denies restriction of ties between domestic, foreign companies » People's Daily A Chinese Foreign Ministry spokesman Tuesday ruled out restrictions on cooperation between domestic and foreign companies while the government investigates spying allegations against employees of Anglo-Australian miner RioTinto Ltd. "It's an...
13 Feb 09		2 TV stations in Hong Kong announce lay-offs » People's Daily Hong Kong-based Asia Television Limited, or ATV, announced on Thursday it was laying off 207 employees, followed by an announcement on the sacking of about 50 employees by its competitor Television Broadcasting Corporation, or TVB. The...

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