Business is going through a dramatic change. In Shanghai, more than any other place in the country, and perhaps more than any other place in the world, money is being spent hand over fist to build the infrastructure that will lead China into a prosperous future. Despite literally hundreds of high-rise residential and commercial buildings in production or recently finished, real estate prices, rents, and new homes (mostly condo high-rise apartments) sales are all increasing. The small unit we purchased last year for 5700 RMB per sq/meter is now up to 7000 RMB for a similar unit in the same complex. Every day I hear stories of someone who pulled out of buying a new unit in the Century Park area of Pudong a year ago for 3200 RMB sq/meter and finding the same complex is selling their phase II now for 8000-9000 RMB sq/meter. New home sales drive an economy, because with a new home, comes spending on furniture, appliances, electronics, phone lines, computers and all the things that make a home. If the current market is any evidence, Shanghai could be in a boom for many years to come and with it, a developing, prosperous middle class of millions... Read More
I am a Foreigner living in ChengDu, and I have been teaching English for over three years now. Anyone who doesn't know -- LISTEN UP!! I was getting 3,000 Yuan per month when I first arrived and didn't know Jack about contracts. I thought I was getting a pretty good deal. Most first year teachers think this way. Now, I get no less than 5,500 Yuan per month for a 12 hour work week plus all the other benefits (ex. air travel -- 10,000 Yuan per year)... Read More
Living and working in a foreign country can be a daunting endeavor - the native language is not your own and you are thousands of miles/kilometers away from your family/friends. So, I think it's natural for an expatriate to look to and depend on its Shanghai employer as a source of comfort and assistance. It is reasonable to believe that your Shanghai employer understands your vulnerable situation and will shield you from predators that feed off the naive that venture into Shanghai from foreign lands. But, when the employer is actually one of the predators, your Shanghai adventure may soon be over... Read More
- Trade Shows November 2008
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- Trade Shows October 2008
- Candidates'Salary Expectations Remain High Despite Tightening Economic Conditions
- Trade Shows September 2008
- Trade Shows August 2008
- Are We There Yet?
- Trade Shows July 2008
- Bogged down by HR administrations? Help is on its way!
- Trade Shows June 2008