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    Home»Economy»China markets in everything
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    China markets in everything

    Press RoomBy Press RoomJune 3, 2025No Comments2 Mins Read
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    But in the country’s large cities, spaces that offer the solution have begun to spring up: companies that allow people to pretend to work.

    For a daily fee of between 30 and 50 yuan ($4-$7), these companies offer desks, Wi-Fi, coffee, lunch, and an atmosphere that mimics any work environment. According to a report in Beijing Youth Daily, although there are no contracts or bosses, some firms simulate them: fictitious tasks are assigned and supervisory rounds are even organized. For a fee, the theatricality can reach unimaginable levels, from pretending to be a manager with his own office to staging episodes of rebellion against a superior.

    Zonghua is Cantonese and prefers not to give her real name. Tired of traveling and the pressures of the financial world, she resigned from her position in the spring of 2024, she tells this newspaper via a local social media platform. “I was looking for a more stable life,” she writes. But she doesn’t dare tell her family the truth. At first, she went to libraries, but for the past few months, she has been paying a monthly fee of 400 yuan ($55) for a comfortable space to spend the day; it’s much cheaper than spending hours in a cafe. Zonghua doesn’t know how much longer this situation will last, as, for now, she’s not having any “success” with her applications.

    Here is the full story, not unrelated to UBI debates either.  Via R.

    The post China markets in everything appeared first on Marginal REVOLUTION.



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