Despite the lifting of Covid-19 restrictions, the office vacancy rate in China’s capital Beijing has not recovered, and is set to increase. From considerations such as rental cost and traffic, internet companies are opting to move out of prime central locations. Lianhe Zaobao journalist Meng Dandan tells us more.
Economy
Zaobao journalist Meng Dandan looks into the current shortage of workers in various areas of China, especially in the labour-intensive manufacturing sector. Why is it so difficult to hire and retain workers, and what does this mean for the world’s factory and the global supply chain?
Society
With strict pandemic measures in place, young Chinese have the perfect excuse not to return to their hometowns during the Spring Festival. If they did make the trip home, they would have faced a barrage of questions about their lives and burned a large hole in their pockets trying to show that they’ve made it. As it gets harder to make a living in their adopted cities, shoring up their finances and getting a head start in the working world is what matters most.
Economy
Even as the pandemic created greater demand for internet companies like Kuaishou, Alibaba and Meituan, these companies are finding their large staff numbers unsustainable, leading to a wave of major retrenchments over the past year or so. This is not just due to overexpansion, but also operational pressures that come with new regulations to protect employment rights. Zaobao journalist Meng Dandan reports.
Society
Beijing’s old alleyways or hutongs are known for their historical value and they have undergone renovations over the past few years. But one aspect that is still a work in progress is the provision of public toilets in these areas, which can be in poor condition. The latest phase of the “toilet revolution” focuses on building facilities fit for purpose and for their users to have a mindset change. A tall order? Meng Dandan finds out.
Society
The trend of single women buying property in China’s top-tier cities is on the rise. They do it for many reasons — as insurance for the future, to have more choices, or for good old investment. While it seems on the surface that they are gaining financial freedom and moving away from depending on marriage as a security blanket, it also means they are laden with housing loans or tied down by their parents who often foot the down payments or even the whole cost of the house. Are they swapping one handcuff for another?
Economy
Offshore duty-free policy, lower rentals and proximity to mainland China — will the development of Hainan free trade port impact Hong Kong’s functions and status? Zaobao correspondent Meng Dandan seeks experts’ views for a clearer picture.
Society
The US used to be an attractive place for Chinese students and families, but given its current poor handling of the coronavirus outbreak and emergence of strong anti-Chinese sentiment, many Chinese are reconsidering whether to move there for studies and work. Zaobao journalist Meng Dandan speaks to young Chinese and their families.
Society
From serving meals in individual portions, to using serving spoons and advocating BYO (bring your own) — not booze but cutlery — experts in Beijing are setting new dining conventions that will upend the convivial culture of Chinese dining as we know it.