New Labor Contract Law Not an ‘Iron Rice Bowl’ – Wu Jiayin

From Shanghai Daily:

The benefits of the new Labor Contract Law, which takes effect January 1 next year, have been exaggerated.

Many people have the illusion that the new law will entitle all workers to an “iron rice bowl” – a permanent job.

What causes the misunderstanding is the article concerning open-ended employment contracts. [Full Text]

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