China is trying to employ this year 7.5 million graduates, and while getting a job is not as hard as a few years ago, high-profile politicians have encouraged them to start their own companies. Financial analyst Sara Hsu wonders in the Diplomat whether that will work, even with help from the government.
Category Archives: education
First rich Chinese send their children. Then they invest in real estate. And then other investments and jobs for the locals follow. China Rich List founder Rupert Hoogewerf was the first to discover that trend, and his latest Hurun report shows the UK has been in 2015 a key winner of job creation, led by Huawei, he tells Xinhua.
In China, Alibaba´s executive chairman Jack Ma, is the most generous philanthropist, according to the l2015 Hurun Philanthropy List, writes Yibaba. His donations amounted to 14.5 billion yuan or 2.4 US dollar. The Hurun Philantropy List is produced by Rupert Hoogewerf´s China Rich List.
Paul French, author of the Fat China: How Expanding Waistlines are Changing a Nation (China in the 21st Century) summarizes for The Guardian what the government has done over the past decade to fight obesity. He is underwhelmed.
Both the US and the UK retain their top positions as a destination for study, reveals the Hurun Chinese Luxury Consumer Survey. They are followed by Australia and Canada. Surprising newcomer is New Zealand at not five, Hurun founder Rupert Hoogewerf tells in the PieNews.
China´s labor conditions were notoriously bad, but the shift to higher-skilled, younger laborers, and better legislation has changed the country profoundly, writes urbanization expert Sara Hsu in the Diplomat. Although, there is still room for more improvement.
Wages have been rising fast in China, and companies are struggling to improve productivity of their workers to remain competitive. There is still much to win, says business analyst Shaun Rein, author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia in Business Week.
The story China´s rich send their kids abroad is not new, but their numbers are growing and the ages of the kids are dropping, found the latest Hurun report. And says Hurun founder Rupert Hoogerwerf, they go to more different countries, he tells at Yibada.com
High profile donations from Chinese wealthy to US top universities have been hitting the headlines a few times. But, discovers WSJ wealth editor Wei from BE Education founder William Vanbergen, donations from China are lagging compared to other nationalities, although that might change.
The central government might be trying to heal some of the wrongs related to hukou´s, like migrant children not allowed to attend schools in cities. But reality is still harsh, tells author Zhang Lijia in the South China Morning Post, as her neighbor´s kid is forced to leave.