China Economic ReviewNew visa rules have been introduced for favoured foreign professionals and investors, said Xinhua. Qualified foreigners can now apply for a special work visa, which allows them to stay in the country for two to five years with multiple entry rights. A multipleentry visitor's visa is also available, valid for the same period and allowing […]
Some employers have begun to shun graduates from the elite Peking (Beijing) and Tsinghua (Qinghua) Universities saying that their expectations are too high, South China Morning Post said. The trend was first noticed at a graduate recruitment fair in Beijing in March when Twoloop International, an American auto-parts company, put a sign on its stand […]
A survey of executive salaries given in listed companies’ annual reports for 2001 found that the highest amount paid was Yn7.5m to the top manager of Guangdong Kelon Electrical Holdings, which made a net loss of Yn1.57bn for the year, South China Morning Post said. This was the third year in a row that Kelon […]
Urban unemployment will rise by 2 per cent a year in China’s first four years of World Trade Organisation membership, according to a report compiled by the Chinese Academy of Social Sciences. An estimated 3m-4m people will lose their jobs in each of the first five years of membership, with agriculture being the hardest hit […]
A court in Hangzhou, Zhejiang province, has upheld the decision of a lower court to award Yn25m in compensation to 230 workers who contracted silicosis after working on a road construction project in Liaoning province in 1993, Reuters reported. The workers, mostly farmers from Taishun county, near Wenzhou in Zhejiang province, were among some 400 […]