As the world embarks into the Year of the Dragon, China is
making every effort to draw in more and more international business
to add to its already skyrocketing economy. China's current
Labor Law is expected to be amended in 2012. The issue is to what
degree and to what effect the 2012 amendments, if enacted, will
have on employers. The changes and effect of the 2012 amendments
are yet to be fully known or disclosed, but it is now a good time
for all of us to review and ensure compliance with the complexities
of China's labor laws to: (1) reduce risks of legal liability
and (2) understand and implement any changes that may be required
should the 2012 amendments be enacted.
China's employment laws have experienced significant changes
from the Iron Rice Bowl employment system 35 years ago(e.g.
guaranteed job security with steady income and benefits similar to,
but not identical, to the English concept of a breadwinner with
'cradle to grave' socialism), to the