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The cheap labor that underpins China's booming food-delivery business is under threat, says @shuli_ren via @bopinionshuli_ren bopinion The govt in China small cities and rural areas are extremely corrupted, that's why ppl go to the big cities even under such unfair policy. Without a hukou, ppl'd to pay high price to get public service. But after they go back, there'd be no public service. shuli_ren bopinion Chinese govt take 20% for so called pension, this 'pension' is now collected by tax dept. All the ppl around I know don't believe the govt 'd pay that 'pension' back as agreed. Typical kleptocracy we are having.
Source: Bloomberg - 🏆 97. / 63 Read more »