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Good Enough, Or Not Enough?

November 10, 2008

Analysis of:China announces $586 billion stimulus plan | ap.google.com

A package amounting to about $586 billion is not to be sneezed at, but the investment will take time to kick in. Hiring and travel freezes in most Fortune 500 companies are unlikely to be reversed any time soon, but the possibility of actual firings may have been averted, or at least put on the backburner.

Economic Meltdown Catches Companies Off Guard

September 17, 2008

Analysis of:Hiring Buoyant Despite Turnover (China) | www.chinadaily.com.cn

The Hudson report would have been distributed without fuss if it had been released a week earlier. It's difficult to put your best foot forward when your China hiring report is released as a major financial institution has just gone into a major meltdown. The report is as in-depth and accurate as you would normally expect from Hudson. The results have to be re-adjusted downwards though. Trends should be much the same as in the report but the optimism is much less warranted. The details of the report show the coming problems in China, with some companies already able to offer lower salaries and hire successfully. Historically, this hasn't happened since before 2001.

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