Resources tagged household-income
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Lei's Real Talk - The West’s costly China misconception (3): the Chinese market potential
The Chinese market potential still appeals to some analysts and consultants during the pandemic. According to Morgan Stanley and Mckinsey, the Chinese consumer market is booming and growth in China is on track to take off. But is the Chinese economy really so promising? Lei takes a close look at the Chinese consumer and labour markets and gives a reality check on the Chinese labour force. What draws young people in China to the lie flat movement and how deadly the 996 schedule and culture can be
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