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1. Lenovo Cuts 2,500 Jobs
(News/News January 2009)
Lenovo, the world's fourth largest computer maker, will cut 2,500 jobs and decrease spending by USD300m, the company said in a statement posted on the Hong Kong Exchange website.   The C
Thursday, 08 January 2009

The news in recent days has been truly shocking. Nine million migrant workers out of jobs in coastal areas have returned to their home provinces, urban unemployment is actually about 9.4 per cent &nda
Wednesday, 31 December 2008

3. 2008: The Year That Did Not Go To Plan
(News/News December 2008)
...lion ‘stimulus’ package comprised of infrastructure development programmes to both provide jobs and support economic growth. Interest rate cuts and tax reforms were enacted, and banks a...
Sunday, 28 December 2008

...ed to pay hundreds of billions of RMB less in insurance and pension payments while tens of millions of jobs can be secured," the three Ministries said. However, only companies that do not lay o...
Sunday, 28 December 2008

...ed to pay hundreds of billions of RMB less in insurance and pension payments while tens of millions of jobs can be secured," the three Ministries said. However, only companies that do not lay o...
Tuesday, 23 December 2008

...ow Growth http://www.bizchina-update.com/content/view/1538/2/ South China: Millions Of Jobs Are At Stake http://www.bizchina-update.com/content/view/1514/2/ More Lay-...
Monday, 22 December 2008

...al Deficits http://www.bizchina-update.com/content/view/1703/2/ Hong Kong Losing 1,000 Jobs A Week http://www.bizchina-update.com/content/view/1669/2/ ...
Wednesday, 17 December 2008

8. Weekly China Statistics Update
(Statistics/ Statistics 2008)
...atened," state media quotes a senior lawmaker. Some 24 million people will compete for 12 million jobs in 2009, the Ministry of Human Resources and Social Security said. China's current unemplo...
Sunday, 14 December 2008

...ses, the South Morning Post reports. The government also said it plans to create more than 60,000 new jobs. "We must be prepared that the next 12 months will be very tough as we see the first ...
Sunday, 14 December 2008

...ted the uncertainty that lies ahead as the city’s pivotal banking industry prepares to shed more jobs. This Sunday, however, all bets are off – or, more accurately, on – for t...
Sunday, 14 December 2008

...58 Billion CCB Shares http://www.bizchina-update.com/content/view/1612/2/ Hong Kong Losing 1,000 Jobs A Week http://www.bizchina-update.com/content/view/1669/2/ ...
Saturday, 13 December 2008

12. Dupont Considers Job Cuts In China
(News/News December 2008)
More talk of big company job losses in China. Dupont is rumoured to be cutting jobs in China and other Asian countries, Reuters quotes a senior manager. The chemical company also announced it will hol
Friday, 12 December 2008

13. Siemens Denies Job Cut Rumours
(News/News December 2008)
Hao Ruiqiang, CEO of Siemens China, said the company is not planning to axe 10,000 jobs in China, contrary to reports in local media. He added that "the news is untrue" and that Siemens &quo
Thursday, 11 December 2008

14. Amway Expands, HK Supports SMEs
(News/News December 2008)
...ses, the South Morning Post reports. The government also said it plans to create more than 60,000 new jobs. "We must be prepared that the next 12 months will be very tough as we see the first ...
Wednesday, 10 December 2008

... exclusive right on the trademarks in China until 2013.   Ernst & Young Cuts Beijing Jobs After months of industrial closures across China, job cuts are now occurring in the main...
Sunday, 07 December 2008

16. Hong Kong Losing 1,000 Jobs A Week
(News/News December 2008)
A new survey claims that Hong Kong is losing nearly 1,000 jobs a week in what is perceived as the biggest economic downturn since the SARS crisis in 2003.   The survey, carried out by th
Thursday, 04 December 2008

Ernst & Young Cuts Beijing Jobs After months of industrial closures across China, job cuts are now occurring in the main urban centres. Ernst & Young has laid off more than 50 auditors at it
Wednesday, 03 December 2008

18. China Expects Higher Unemployment
(News/News November 2008)
...ves that a "rise above 4.5 per cent" is possible in 2009 as "more people may lose their jobs due to the global economic meltdown." Statistics show that recent efforts by the...
Friday, 21 November 2008

19. Layoffs Need Approval, BoA Buys CCB Shares
(News/News November 2008)
...orm the local government first. Officials say companies are advised to "cut salaries rather than jobs."   Bank of America Buys 19.58 Billion CCB Shares The American bank w...
Wednesday, 19 November 2008

...ow Growth http://www.bizchina-update.com/content/view/1538/2/ South China: Millions Of Jobs Are At Stake http://www.bizchina-update.com/content/view/1514/2/ More Lay-...
Thursday, 13 November 2008

...cial Heat http://www.bizchina-update.com/content/view/1527/2/ South China: Millions Of Jobs Are At Stake http://www.bizchina-update.com/content/view/1514/2/ More Lay-...
Wednesday, 05 November 2008

...eading? http://www.bizchina-update.com/content/view/1416/44/ South China: Millions Of Jobs Are At Stake http://www.bizchina-update.com/content/view/1514/2/ BEP Shu...
Thursday, 30 October 2008

23. Hong Kong Feels The Financial Heat
(News/News October 2008)
...ced closures of several of their production plants - causing several thousands of people to lose their jobs in neighouring Guangdong province. Closures are not only affecting China. Hong Kong an...
Tuesday, 28 October 2008

Millions of workers could lose their jobs in South China as thousands of factories will be forced to close down in the months to come, according to new industry estimates.   Some 9,000 o
Saturday, 25 October 2008

25. BEP Shuts Shenzhen Factory
(News/News October 2008)
...ficits," state media quotes a spokesman of the company. Some 1,500 employees will lose their jobs,  as the 22,000 square metre factory will be closed by the management. BEP was sellin...
Monday, 20 October 2008

...timate is of 60,000 closures. All in all, around 20 million Chinese low-skilled workers have lost their jobs since the beginning of the year. The Adidas decision to move its production out of China is...
Saturday, 04 October 2008

...bank, not to China Development Bank. The takeover will cost EUR9.8 bn and a large number of overlapping jobs are expected to be shed.   Allianz Insurance, which bought Dresdner Bank for ...
Monday, 01 September 2008

Hong Kong's Jobless Rate at Record Low Hong Kong's unemployment rate fell to 3.2 per cent, the lowest level in a decade, according to the Census and Statistics Department. The employed population ro
Wednesday, 20 August 2008

A new report by the Economic Policy Institute concludes that since 2001, 2.3 million U.S. jobs were lost or moved due to increasing trade with China.   Since China joined the World Trade
Thursday, 31 July 2008

...ntracts with unions in other provinces, including Liaoning and Fujian.   CNPC Cuts 80,000 Jobs China National Petroleum Corp. said it will cut five per cent of its workforce, amountin...
Monday, 28 July 2008

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