By Xu Xiaodan, Yang Zi King & Wood Mallesons’ Commercial & Regulatory group.
How does it feel to be an only child?
There was a classic answer on Zhihu (a Chinese question-and-answer online platform like Quora), “Afraid of being poor, being dead and being lazy, because for my parents, all they have is me”.
Continue Reading Has the Only Child Elderly-Care Leave Really Come?
By Xu xiaodan and Pei xiu King&Wood Mallesons’ Labor Group
A company’s HR department is sometimes faced with such situation that the business unit (“BU”) needs to be internally adjusted and thus the HR needs to help dismissing certain employees in a particular BU. However, it always causes troubles if the employment contract of the concerned employee is yet to expire, or this employee has never committed any gross misconduct or is found incompetent for his/her work. In such a circumstance, if this employee does not consent on mutual termination, what ground can the HR personnel use to terminate the employment contract?
Continue Reading Panacea for Employment Termination: Brief Analysis on Application of “A Significant Change Has Occurred in the Objective Circumstance”
By Zeng Xianwu King & Wood’s Foreign Direct Investment (FDI) Group
Since the reform and opening-up policy was introduced in 1978, especially in the past ten (10) years, the People’s Republic of China (the "PRC" or "China") has undergone significant changes. China is a growth engine for the worldwide economy, fueling global expansion via higher output and trading relationships with other nations as well as greater contributions from domestic consumption. Over last nine (9) months of 2011, China has already attracted contractual inbound foreign direct investment of USD177.8 billion. Notwithstanding China’s status as one of the world’s largest economies, and the massive amounts of foreign money invested in China, the basic laws and rules in China governing foreign investment seems mysterious for those who want to invest in China or are accustomed to laws of their countries.Continue Reading Overview of Doing Business in China
