Chinese tech companies are notorious for their punishing work schedules that often mean 12 hours a day at the office, six days a week. Since 2019, there has been a growing clamor from tech staff to cut their work time, but it does not seem to have worked, judging from a new crowdsourced survey.
Another Chinese for-profit after-school tutoring company is in trouble after Beijing’s blanket ban on the industry.
In a statement yesterday, China's banking regulator urged more funding to coal mines and plants to tackle energy shortages, but also made an unrelated but important demand to reduce excessive loans. A few peculiar types of loans were specifically named, including “graveyard loans,” to pay for a deceased relative’s burial site.
Chinese factories are experiencing electricity shortages that will affect the world’s supply of everything from iPhones to Christmas lights. Now they can't find enough workers. Can robots help?
Rising demand for Chinese goods, climbing prices for coal, and a government campaign to reduce power consumption have collided — and caused an energy crisis in China. Here’s how it happened, and what might come next.