COST IMPACT OF CHINA LABOR LAW TOUGH TO ASSESS.

From: WWD | Date: July 3, 2007| Author: | Copyright information

Byline: Kathleen E. McLaughlin

BEIJING - China's newly approved national labor law may improve conditions for millions of workers, experts agree, but it's as yet unclear what impact it might have on rising wages and other costs for international businesses operating here.

After a decade of drafting, months of late-stage negotiations and some 190,000 public comments, the Chinese legislature last week approved the first update to the country's national labor contract law in nearly two decades. The new law, which takes effect Jan. 1, will standardize previously gray areas ...

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