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India’s lower house of parliament passes key labour reform bills

Bloomberg India’s lower house of parliament approved a set of long overdue labour legislations that aim to attract investment and make it easier for companies to do business in the South Asian nation. The new bills include the industrial relations code that will allow companies with as many as 300 workers to fire them without seeking prior government approval, a ...

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China brings Xinjiang-style mass labour to Tibet

Bloomberg China is instituting a mass labour system in Tibet similar to the one in neighboring Xinjiang, the Jamestown Foundation said, despite intensifying global scrutiny of Beijing’s policies toward ethnic minorities. Tibet has since last year introduced policies promoting “the systematic, centralised, and large-scale training and transfer of ‘rural surplus labourers’” to other parts of Tibet and other regions, the ...

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Credit Suisse, UBS fight for China bankers in talent war

Bloomberg A battle for financial talent is intensifying in China, one of the few places worldwide where global banks are firmly in hiring mode. Credit Suisse Group AG this month hired a dozen analysts in China, almost half of whom used to work at UBS Group AG. UBS has scooped up more than 40 people from global and local firms. ...

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