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The report HR Trends in B.C. published in June 2010 by British Columbia Human Resource Management Association (BC HRMA), one of the largest HR association in Western Canada, presents the key findings based on the survey results regarding the 2010 HR role and trends.
Whist the recent financial crisis has caused most of the cities around the globe such as Chicago, Moscow and Dubai to put their plans for new skyscrapers on hold, China seems to be doing the exact opposite with more construction work being carried out (McDonald, 2010).
Growing China
A simple search on Google about China’s Economy will return you with a staggering number of articles compiling a great amount of information about China’s economical performance. Indeed, with its economy growing at a rate of 9% a year and a valuation of its economy at $1.33 trillion in the second quarter of 2010, it is not hard to fathom why businesses are frantically seeking opportunities to expand and tap into this enormous market that is still growing at a ridiculous rate (Phang & Thomas, 2010).
Last week, Yahoo News reported that in June this year, a Chinese construction crew completed a 15-story building in only six days (Dykes, 2010 & Jia, 2010).
The steel building is located in south-central city of Changsha. It covers 610.83 square meters and is of 49.95 meter height. 200 workers with over 200 transport vehicles brought all the building components, which had been previously produced in factories, to the site and the construction was only to install and assemble the parts.
The Centre for Retail Research recently launched the Global Retail Theft Barometer 2010 report, revealing that total global shrinkage (stock loss from crime or waste expressed as a percentage of retail sales) cost retailers and the public US$ 107.3 billion, equivalent to 1.36% of their retail sales.
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