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%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

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.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 468. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

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 Leggi di più »