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The 996 working hour system (Chinese: 996工作制) is a work schedule practiced illegally by many companies in China. It derives its name from its requirement that employees work from 9:00 am to 9:00 pm, 6 days per week; i.e. 72 hours per week, 12 hours per day.
Zhongzhi Enterprise Group (Chinese: 中融鼎新, hereafter Zhongzhi) is a Chinese business conglomerate. It has been described as a shadow bank in the Chinese financial system. The company is heavily linked to the Chinese real estate sector, which since 2020 has been experiencing difficulties.
Boston Scientific Corporation (BSC), headquartered in Watertown, Massachusetts and incorporated in Delaware, is a biomedical/biotechnology engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention ...
Yvette Wang, 45, pleaded guilty in Manhattan federal court to conspiring to commit wire fraud and money laundering. Her plea came just three weeks before she was set to face trial alongside Guo ...
The chief of staff of a Chinese businessman sought by the government of China pleaded guilty to conspiracy charges on Friday, weeks before her boss goes to trial in New York in a $1 billion...
China's estimated employed labor force in 2005 totaled 791.4 million persons, about 60% of the total population. During 2003, 49% of the labor force worked in agriculture, forestry, and fishing; 22% in mining, manufacturing, energy, and construction industries; and 29% in the services sector and other categories.
Self-service kiosks are big business. In fact, the market for self-service products is expected to grow from a $40.3 billion market value in 2022 to $63 billion by 2027, according to a report from ...
Meituan is a Chinese O2O (online-to-offline) local life service platform. It has 600 million users and almost 4.5 million business partners that cover nearly all China. About 35 million people use the service every day.
The ING Group (Dutch: ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services.
Treasury Secretary Janet Yellen and Secretary of State Antony Blinken have recently visited China in the administration's latest effort to keep communications open and minimize misunderstanding.