BEIJING China’s labor protections are coming under fire from high places as economic restructuring pits officials concerned about social stability against a lobby arguing inflexible policies are stifling job creation and suppressing wages.
Company executives, especially at foreign or private firms, have long been critical of labor contract legislation and minimum wage laws that make it difficult for owners of an ailing business to turn it around or find willing buyers.
Now policymakers anxious to modernize China’s slowing economy and slash overcapacity in heavy industry are making similar …
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