<gu-island name="KeyEventsCarousel" deferuntil="visible" props="{"keyEvents":[{"id":"64d9d3b98f08e1f5a10e7c82","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":" Chinese stock markets are struggling on Monday as a big property company raised concerns over the health of the economy. ","elementId":"2455c01d-6895-4c1e-9dca-962b4c9f9c86"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":" Hong Kong’s Hang Seng index is down by 2.1% after China’s biggest private property developer, Country Garden, said it would suspend trading in some bonds. Here is a sign of the turmoil in the company’s debt: ","elementId":"9ae8d74c-9304-43fc-9836-9abd51791c2b"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":" Country Garden's January 2024 dollar bond is yielding 2500%. Trading at 9 cents. Any takers? pic.twitter.com/ASRO9OMC46 — David Ingles (@DavidInglesTV) August 13, 2023 \n","url":"https://twitter.com/DavidInglesTV/status/1690866143362523136","id":"1690866143362523136","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"e2276eb8-4e9b-4b82-831c-f895974585b1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":" (Yields rise as prices…
Tag: Work&careers
Elon Musk praises Chinese workers for ‘burning the 3am oil’ – here’s what that really looks like
How do you become the richest man in the world? In Elon Musk’s case, part of it involves making workers in China put in hours that would be unacceptable according to labor norms elsewhere. On Tuesday, the Tesla boss praised Chinese factory workers for pulling extreme hours while taking a shot at American workers. “There is just a lot of super talented hardworking people in China who strongly believe in manufacturing,” the billionaire said. “They won’t just be burning the midnight oil, they will be burning the 3am oil, they…