US backlash against foreign worker visas
(6 Jul) - Kelly Parker was thrilled when she landed her dream job in 2012 providing tech support for Harley-Davidson's Tomahawk, Wisconsin, plants. The divorced mother of three hoped it was the beginning of a new career with the motorcycle company. The dream didn't last long. Parker claims she was laid off one year later after...
How rich Chinese elude forex laws to move money abroad
(11 Jul) - Chinese law limits individual citizens to the equivalent of US$50,000 per year in foreign exchange, meaning that anyone who wants to spend more than that overseas must look for alternative ways to move money out. For example, that amount would be far from enough to successfully acquire a US immigration green card...
Hong Kong MTR CEO to exit a year early in wake of cross-border rail link delay
[South China Morning Post - 16 July 2014] MTR Corporation chief executive Jay Walder will step down next month - a year earlier than scheduled - after an internal report yesterday criticised him for "poor judgment" over the delayed cross-border rail project. The decision was a "mutual agreement" that would be "beneficial" to...
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