From Xinhua, via China Daily:
Will China’s new labor contract law mean a better image and a move up the industrial ladder? Or will it push up wages and erode the country’s competitive advantage? And among these possible outcomes, which matters more? It depends on who you ask.
Zhao Yumin, an expert with the Chinese Academy of International Trade and Economic Cooperation, which is under the Ministry of Commerce, told Xinhua that China should shed its sweatshop image. “We will develop the economy with the purpose of promoting people’s welfare and the new law aims to ensure that workers’ rights are protected,” in line with world trends. [Full Text]
Read also A challenge and an opportunity for China’s official trade union from China Labour Bulletin.
