Playing the violin or the piano belongs to the aspiration of many Chinese kids, or at least their parents. The intended purchase of Steinweg by state-owned Poly has high potential, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, to Bloomberg.
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.
For long China was the world´s working place with thousands of workers toiling away in dirty workshops. But China´s youngsters do not want to work in factories anymore, says business analyst Shaun Rein, author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, to MIT Technology Review. In stead, robots take over.
Reforming Chinese soccer has been one of the pet projects of president Xi Jinping. But despite much political goodwill and millions moving ahead, results have been poor, says Beijing-based soccer expert Rowan Simons in a wide-ranging interview with the South China Morning Post, looking at his grass-root experiences in Beijing.