Xi Unleashes a Crisis for Millions of China’s Best-Paid Workers - Bloomberg

China created a professional class in record time. Now, just as swiftly, many of their dreams are being crushed.

By: Bloomberg

Sep 20 2024
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Its 1 a.m. and Thomas Wu is riding his bike on the empty streets of Shanghai. The 43-year-old insurance executive has had another meltdown. Wus pay has been slashed by 20% in a nationwide push to lo… [+250 chars]

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