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CHEAP LABOUR IN CHINA
The AI play no one is talking about: Why BofA is snapping up power & metals instead of ITBofA Securities India's Amish Shah advises shifting from IT to infrastructure, citing a 'dangerous gap' in consensus earnings forecasts. He...- The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
- Physical data collection from the real world is India's new backoffice job for AICompanies such as HumynAI Labs, Egodata, Neo Cambrian, XP Robotics, and Objectways have deployed people on the ground starting early this y...
- Gen Z conspiracy: China thinks the West is pushing its youth to quitIn a cultural shift, many young Chinese individuals are opting for 'lying flat'—a lifestyle choice that rejects pressures of constant work ...
- Endurance, the new superpower of the battlefieldThe economy of attrition is the big new reality of the battlefield. Expensive defences are badly struggling against waves of cheap drones a...
- Tariffs, tantrums and the China juggernautChina's export dominance continues despite tariffs. India faces a growing trade deficit. To compete, India must focus on scale, subsidies, ...
- Republican Senator opposes Biden admin's move to revert to lottery system for issuing H-1B visasThe US Citizenship and Immigration Services (USCIS) said it would prioritise wages to protect the economic interests of American workers, a...
- China's migrant population to reach 310 million by 2030China's migrant population, the workforce behind its massive development in the last few decades, will touch 310 million by 2030.
- What inflation? India one of the cheapest places to live inAlthough inflation is high in India, the prices of products and services are quite low compared to what people pay in other parts of the wo...
- What is 'Lewis turning point' and its importance for ChinaA spate of worker unrest and rising wages in China suggest that the country is very close to what economists call the ‘Lewis turning point’.
- China may lose ‘cheap’ tag on rising yuan, labour costsRecent strikes have been a rude wake up call for many foreign cos that depend on China's low costs to compete abroad. Gainers & losers | Co...
- China may lose ‘cheap’ tag on rising yuan, labour costsGlobal companies are forced to shift base to farther inland or move to other developing nations for cost advantage.
- Asian economies see opportunity as China's lustre dimsLabour costs and the value of China's currency are sending ripples around Asia as countries jostle to lure manufacturers that are rethinkin...
- Rising China wages to end cheap labourThe days of endless cheap labour in China could be numbered as a shortage of workers and government fears of social unrest drive up wages,
- Foxconn hikes pay for 2nd time a week; days of cheap labour overFoxconn, a leading IT contract manufacturer of computers, game consoles and mobile phones for Apple, HP, Sony, Nokia etc, announced a 30 pe...
- Foxconn gives China workers dramatic wage hikeTaiwanese IT giant Foxconn said Monday it would hike wages at its factories in the south Chinese city of Shenzhen, in a move observers said...
- Strike at China's Honda plants makes foreign firms waryForeign firms that have made huge investments in China to take advantage of its cheap labour resources watched warily as Japanese car major...
- China's reputation for cheap labour at stake?Global cos struggling with life-or-death pressures to control costs are finding that legions of low-wage Chinese workers they rely on have ...
- 'Secret behind Chinese products is skilled workforce, sops'The success of cheap Chinese products owes it to the disciplined, educated workforce and subsidies to the small and medium enterprises, con...
- Era of cheap Chinese goods threatened by new worker powerMigrant workers, for years the backbone of China's export miracle, are discovering their economic muscle, threatening an end to the flood o...
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