Promises, promises
Article Abstract:
China faces a looming crisis as its population ages faster than its economy improves. The current pension system is unworkable, and provincial and city administrators are implementing a perplexing tangle of local plans. Usually children support aged parents, but increased mobility and reduced family size make this unlikely to continue. Meanwhile, a general social-insurance plan is likely to deal first with unemployment. Cities are asking Western firms to pay 18%-30% of salaries into plans with no defined benefits.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Say sorry, swiftly: Vitasoy gives Hong Kong a PR case study
Article Abstract:
Hong Kong's Vitasoy International is trying to manage its public relations and cut its losses after issuing a widespread recall of its soy milk following complaints that it was often sour. Such a product recall is uncommon among Hong Kong's companies. Vitasoy issued the recall promptly, even after some of the causes of the sourness had been discovered and mended. Some public relations professionals said the company should have been more open about the recall initially.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Haunted house
Article Abstract:
Jardines hopes to regain its profitability and its influence in the Asian economy by selling its unprofitable businesses and hiring new managers. The company has survived Hong Kong's turbulent history and its legacy of connections and capital may make it profitable again.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Asymptomatic loss of priority scheduling policies in closed re-entrant lines: a computational study. Performance evaluations of cellular flexible manufacturing systems: a decomposition approach
- Abstracts: Older, wiser, poorer? Japanese capitalism hits a tipping point. Japan turns its back on reform
- Abstracts: Clear signal: Germany gives go-ahead to Burmese opposition radio. Stamp of approval: carpet-makers offered 'no child labour' mark
- Abstracts: Peace and prosperity. Help comes in a package. Winds of change
- Abstracts: Silenced. A warning of things to come. An Arab regime, like others