2min chapter

Macro N Cheese cover image

China and the Labor of Reinvention with Lin Zhang

Macro N Cheese

CHAPTER

The Early Days of Entrepreneurship in China

Before they started their business, these entrepreneurs were part of a big socialist workplace in China. They have already a decent salary and all the kind of pensions and place to live. So I think in the early days, that could serve as a kind of basis to help soften some of the risks that entrepreneurs would face in their life. And also if you look at the countryside case, so definitely there is a big rural urban divide. In a lot of ways, socialism has been built on the back of the countryside making sacrifice.

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