Tagged: fund manager

Education in China: 56% of student startups get low marks 0

Education in China: 56% of student startups get low marks

More than half of government-subsidized student business companies were scored as “mediocre” or even “bad-performing” after years of operation, according to an report released recently at the Shanghai Entrepreneurship Week […]

China, Socialism & Consumer Behavior: In a Tidal Shift, Chinese Spending More Overseas 3

China, Socialism & Consumer Behavior: In a Tidal Shift, Chinese Spending More Overseas

Money is moving in a new direction in China — out: Some Chinese are so eager to turn their yuan into other assets that when an online real estate brokerage organized a tour of foreclosure auctions in the United States, it received so many applications that it had to turn away nearly 400 people. In Shanghai, cash-rich Chinese companies are buying high-yield bonds issued by distressed American companies at a time when most investors are steering clear of bonds even from solid companies […]

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Finance industry employees in China top salary rankings

Employees in the financial sector earned much more than workers in other industries last year thanks to the lucrative financial market, an annual salary report has revealed. The report, released by leading human-resources service provider Zhaopin.com in Shanghai, was based on a survey of more than 1,000 companies across all sectors throughout the country last year. It found workers in the financial industry were paid an average salary of 4,987 yuan (US$694) per month. The figure is about 40 percent higher than the national average […]