China's Economic Struggles Drive Exodus In Finance Industry

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Amid China's regulatory crackdown, some finance professionals have pivoted to different careers, from education services to stand-up comedy, per a new report.

Faced with slower-than-expected economic growth and increased regulation, some Chinese financial professionals have been leaving the industry for opportunities in other fields, per a new report.Goldman Sachs this week raised its GDP growth forecast for China from 4.7 percent to 4.9 percent, signaling optimism over Beijing's most comprehensive stimulus measures in years. However, the regulatory crackdown on China's $67 trillion financial sector continues to worry investors.

Others have made even more dramatic career shifts, per Reuters. Wu Shichun, a venture capitalist and founder of Ningbo-based Plum Ventures, has found a second calling as a stand-up comedian, the report said.'I feel grateful for such a difficult time. It's a source of fodder for my performance,' Wu said at a performance, per the news outlet. 'Nowadays, everywhere in this industry, you come across deadbeat investors and entrepreneurs on the verge of life and death.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 468. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Despite industry growth, smaller yoga studios face economic strugglesSmall businesses like independent yoga studios are grappling with rising costs and numerous challenges in a post-COVID economic climate.
Fonte: KPIXtv - 🏆 443. / 53 Consulte Mais informação »