Deja Vu: China tutoring firms stocks plunged

Deja Vu

On July 23, China announced the new rules that require China’s tutoring companies to become nonprofit entities. They were banned from offering tutoring services during weekends and school breaks, and from making profits, raising capital or going public.

China is tightening curbs over US-listed Chinese companies. Look at what happened to DIDI, the ride-share company that was listed a few days ago, this crackdown on tutoring firms is Deja Vu all over again.

China Tech workers: I have the rights to work overtime

No! I have the rights to work overtime!

Two years ago, Chinese tech workers protested on GitHub, the worlds’s largest code host, against grueling overtime hours at some companies, aiming at the industry’s “996” work culture, which referred to the 9 a.m. to 9 p.m. workday, six days a week.

Ironically, earlier this month, ByteDance, TikTok’s parent company has announced that it will cancel its overtime policy, effective August 1st. An internal survey about whether to abolish its infamous overtime policy was sent out before the announcement. Surprisingly, about one-third of the surveyed employees opposed that abolishment and complained that they would be subject to the same amount of workload but less pay.

“Lying flat” is censored on China social media

Lying flat is justice

Tang Ping, meaning “giving up and lying flat” became a rage among young Chinese, as a stand against the pressures of modern life. It started with a post saying “lying flat is justice”, by a social media user called Kind-Hearted Traveller. Soon it went viral and became an online movement.

The movement of “Tang Ping” is meant to reject the culture of overwork that forces Chinese youngsters to work for longer hours with little reward. Many are frustrated with the low prospects of their jobs and their inability in the face of rising prices to afford a house ever in their lifetimes.

However, this trend was soon be repressed by censorship, and related merchandise like T shirts with “Tang Ping” designs were deleted from Taobao, the biggest e-commerce platform in China.

Cartoon: I don’t see any evidence of lab-leak

I don’t see any evidence of lab-leak

The debate over the origin of COVID-19 is now burning hot, with increasing demand for an international investigation into the possibility of a lab leak. However, a top scientist at the Wuhan Institute of Virology denied and told the New York Times there is no evidence, “I don’t know how the world has come to this, constantly pouring filth on an innocent scientist”.

Problem solved: How to boost birth rate in China

Problem solved

Shih Wing-ching, Chairman of Centaline Property Agency, recently wrote an article “How to solve the declining birth rate”. He said “I don’t support birth control. To take the basic birth responsibility as a human, I think people should be forbidden to use condoms unless they already have two children .”

Does that mean you may need to show your children’s birth certificates to buy condoms in China?

China gets older: 2020 census worries Beijing

I’m sorry I can’t

China’s birth rate was 1.3 children per woman, well below the replacement level-2.1— the rate needed to maintain a stable population. The data also showed a sharp rise in the percentage of Chinese aged 60 and above, to 18.7% of the population from 13.3% in 2010.

Experts say the slowdown birth rate is rooted in several trends, including the rise of women in the work force who are educated and don’t see marriage as necessary to achieving financial security, at least for themselves. For Chinese couples, many cannot afford to have children as living costs increase and their jobs demand more time and energy. Basically, it’s a society where nobody wants to get married and people can’t afford to have children.

Beijing’s Crackdown on Tech Giants: A Warning Against Unchecked Power

Under my thumb

Chinese President Xi Jinping called on Monday for national financial regulatory authorities to strengthen control over the internet economy. Chinese tech giants, already heavily suppressed by the government for monopolistic behavior, are likely to face more trouble.

In November, Xu Lin, Deputy Minister of the Central Propaganda Department, publicly stated that China must “resolutely prevent the weakening of the Party’s leadership in the name of integrated development,” referring to media integration, and “resolutely guard against the risk of capital manipulating public opinion.”

The message is clear: only the Party can censor and manipulate public opinion.

Authorities establish cybersecurity police units directly within major internet companies. Countless users have been arrested and imprisoned for criticizing the government on Tencent’s WeChat. ByteDance, the parent company of the video-sharing app TikTok, closely cooperates with police to push official propaganda and cover up human rights abuses in Xinjiang.

Tech company CEOs in China have little room to negotiate or resist regulatory authorities because there is no rule of law and nowhere to appeal in China. No one understands the consequences of deviating from the Party line better than Jack Ma, founder of Alibaba and its affiliate Ant Financial. In November, the initial public offering of Ant Financial was abruptly halted by Chinese regulatory authorities just days before its scheduled listing because Ma had publicly criticized China’s financial regulatory system for stifling innovation in a speech.

After that speech, Ma disappeared from public view until he reappeared in an online video in late January, discussing how to support Xi Jinping’s vigorously promoted rural poverty alleviation economic strategy through philanthropic activities.

In this era of government versus tech giants, we already know which side will prevail in China. Big tech companies are simply no match.

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The Social Distancing Era: How It Has Changed Our Lives

Social Distancing

Social distancing has become a defining feature of our lives, significantly altering our daily routines and interactions. Designed to prevent the spread of the coronavirus, social distancing has turned bustling cities into quiet zones, with empty streets and closed businesses. Parks and playgrounds, once full of life, now stand silent.

Social interactions have been drastically affected. Gatherings with friends and family are rare, often replaced by virtual meetups. Hugs and handshakes are distant memories, replaced by awkward waves and elbow bumps. Celebrations like birthdays and weddings have been postponed or downsized, leading to feelings of loss and isolation.

Education has also shifted dramatically. Schools and universities have moved online, creating challenges for students and teachers. The lack of face-to-face interaction has highlighted the digital divide, leaving many students struggling to keep up.

Remote work has become the norm for many, bringing both flexibility and challenges. The lack of separation between home and work, along with endless virtual meetings, has increased burnout and fatigue.

Mental health has suffered too. The constant uncertainty and isolation have led to higher levels of anxiety and depression, emphasizing the importance of human connection. Even funerals have been affected. Restrictions have prevented loved ones from gathering to grieve together.