Hong Kong’s new minimum wage formula is a win-win for employers and employees and shows the city is finally taking action to support low-income workers. Contractors and subcontractors must also be held accountable to protect the rights of outsourced workers and prevent accidents on the job.
China finds itself in need of its latest landmark reform as the urban-rural divide keeps growing and the broader economy is seeking new sources of growth. One possible solution is finding better uses for rural land and giving farmers the same legal rights as urban residents to rent, transfer or mortgage their land.