For a long time, working around the clock – from 9 to 9, six days a week known as the 996-rule – was common in China’s startup working culture. But those times are changing, says SOSV managing director William Bao Bean, a leading voice in China’s startup scene to the BBC. “China has moved from a society that was told what to do, to one that is doing what it wants to, and that’s also a millennial thing,” he says.
Category Archives: labor
The Trump team trying to negotiate the next phase of a trade war has arrived in Beijing. But Donald Trump is trying to win a trade war the US lost already decades ago, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to Marketplace.
China’s economy went uphill dramatically over the past decades, but women profited less than men, writes author Zhang Lijia of Lotus: A Novel, on prostitution in China. It is time the government starts to enforce its own laws and regulations on gender discrimination, she tells in the South China Morning Post.
Gender discrimination is commonplace in China, out of line with international agreements and practices. Author Zhang Lijia asks Alibaba’s chairman Jack Ma, and other tech companies like Tencent, and the government, to end rampant discrimination against women on the work floor, for the New York Times.
China has greatly improved its unemployment statistics, compared to the past, but they still do not give the real picture, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, to the South China Morning Post. State intervention would still be a factor, he said.
Handing out hongbao’s when staff returns from Spring festival is one way how Chinese companies retain staff. WeChat expert Matthew Brennan joined Tencent’s CEO Tony Ma handing out hongbao’s last Friday in Shenzhen to some of this 43,000 employees, he reports on his LinkedIn page.
Millions of migrant workers left behind their children in their home villages, developing mostly unheard problems. Author Zhang Lijia, who earlier published Lotus: A Novel on prostitution in China, is now working on a book on this hidden drama, including epidemic suicide, and she started publishing their stories in the South China Morning Post.
Women have been bearing most of the burden of China’s shift from state economy to market economy, says author Zhang Lijia of Lotus: A Novel, on prostitution in China, at the BBC World Service. Despite a lot of advantages, women suffered severe setbacks. State owned companies let women go at 45 years of age, and getting hired at the sexist job market has been harder than ever, she adds. “Some refuse to hire women at a child-bearing age.”
Author Zhang Lijia of Lotus: A Novel, a book on prostitution in China, comments on the forceful eviction of migrants in Beijing. It shatters their China dream, she tells Sky News. How can you do that when you call yourself a socialist country?
American and European companies in China are complaining they are less welcome than in the past. That might be a correct feeling, says business analysts Shaun Rein to Bloomberg, for example when it comes to a higher living standard for their workers in China.