Inflation Part I: What is inflation?
As we celebrate hearing the word “pandemic” less frequently, we face its replacement: inflation. Second only to “supply chain,” inflation is impacting the cost of fuel, food, and federal interest rates. It is also changing the cost of assignments as employers pay higher fees for relocation support services and employees face decreased availability and higher […]
Q3 ASIA UPDATE | INFLATION – PRICING – CAPACITY
Price and availability continue to reflect the local impact of more open borders and the influx of more expatriates to Asia. Countries have modified entry regulations, removing barriers and shorten quarantine requirements. Those locations with more recent relaxations are just beginning to see availability decrease. Price increases follow. The changes from last quarter reflect […]
Competition for Talent in China Creates Hukou Change
Recently, Shanghai, in an effort to attract top talent, offered hukou to graduates from leading universities. Other, less populous cities and regions have also been providing pathways to obtain Hukou for desired new residents, a task that would have been prohibitive in the past. Now, the city of Zhengzhou has become the first large city […]