The Global Financial Crisis and Labor Law in China

Kay-Wah Chan

Chinese Economy, 2012, vol. 45, issue 3, 24-41

Abstract: In 2007, China adopted a series of new laws and regulations to strengthen the protection of workers' rights. Business enterprises raised concerns about a resulting rise in labor costs, a situation that seems to have been aggravated by the global financial crisis starting in 2008. An ensuing decline in export orders caused financial difficulties for many labor-intensive manufacturers. What policies and measures has China adopted in response, and why have they been adopted? Have the new labor laws and regulations been amended to reduce worker protections in order to ease legal and regulatory burden for business? What is the current situation?

Date: 2012
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