The world looks with awe at China’s economic achievements, but because of its one-child policy, it not only gained fast economic growth but also an aging population that offers an equally devastating income trap for the decades to come, unless it invests more smartly into its people, says China veteran Ian Johnson at the Vietnam Brief.
China’s government is trying to control its tech sector and VIE’s (Variable Interest Entities) are high on their agenda. But outside the China business, very few people know what VIE’s are and China lawyer Mark Schaub reposted his vlog on what VIE’s actually are, even though they are a key feature in China’s tech sector.
Starbucks sold its stake in its South-Korean joint venture, worth in total over US$2 billion. The best they can do, is reinvest their capital in expansion in China, says business analyst Shaun Rein to Reuters. “Using the sale of its South Korean operations will equip it with more cash that it can deploy to China,” Rein said.
China’s authorities first raised the number of allowed children from two to three per family, and might now even cancel all restrictions. Journalist Zhang Lijia, author of Lotus: A Novel(January 2017) on prostitution in China, looks at the troubled relationship between feminism and motherhood in her mother country, in an interview with the Italian publication Il Manifesto.