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Macro N Cheese cover image

China and the Labor of Reinvention with Lin Zhang

Macro N Cheese

NOTE

The Future of China

Digital self-employment is increasingly prevalent due to high unemployment rates./nThe trend of returning to the countryside to start alternative careers, often as entrepreneurs, is growing./nChina is experimenting with innovative or cooperative ownership structures and efforts to cap earnings in certain industries./nReforms in pension healthcare and property tax are being debated and waited to be unrolled./nDespite critiques, it's important to keep an open mind about where China is heading in the next few years./nChina is still a developing country with a per capita GDP that is 1.6 by 7th of the US./nChina is a long way from the Nordic socialist democracy model and has reservations about radical redistribution.

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