SEC unveils amendments to implement law targeting U.S.-listed Chinese companies; China outlines plans to improve workers' protections in platform economy; and NDRC streamlines approvals process for foreign investment in encouraged industries
Liu Yuxiang and Wu Qiong of Haiwen & Partners summarize the national and local policies introduced to support businesses and employers in China to help alleviate the economic impact caused by the coronavirus outbreak.
In the second episode of the China Law Podcast, we discuss what obligations employers in China have as they resume normal operations, employers' liability if an employee contracts the virus, as well as the possible ways through which struggling businesses can reduce their costs during these tough times
As China looks to kickstart its economy following weeks of severe disruption, employers must balance obligations to minimize virus transmission risk and at the same time returning to normal operation as quickly as possible. What exactly must employers do before resuming operations? How can they reduce costs? Are layoffs allowed? Jonathan Isaacs, head of Baker McKenzie's China employment practice, answers your burning questions.
