Hong Kong minimum wage rise

Hong Kong minimum wage rise

Hong Kong introduced a statutory minimum wage in May 2011. When introduced, the amount was set at $28 per hour. In May 2013 this amount was raised to $30. Starting from the first day of May, the statutory minimum wage in Hong Kong SAR has been...
E-Commerce booming in China

E-Commerce booming in China

The strong growth in China compared to the rest of the world is nothing new and even though the growth of the economy has slowed down recently, the country continues to be subject for major growth and structural breakthroughs. This is especially...
China to restrict parallel import

China to restrict parallel import

The intrusion of parallel traders who purchase their stock tax-free in Hong Kong and resell it in Mainland China for a profit is causing growing unrest. The increase in parallel import is pushing up retail prices and causes a general irritation...
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