Category: business environment

Congressional Panel Report: Hong Kong ‘Increasingly Isolated and Further Subordinated’ by the CCP

November 16, 2022
business environmentChinaChina Human RightsChinese RegimeHK Current AffairsHong KongInternational Relationsnational security lawsUS-China relationsWorld
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The U.S.-China Economic and Security Review Commission recently released its annual report, presented to Congress on Nov. 15. In its chapter on Hong Kong, the advisory panel pointed out that Hong Kong has become increasingly isolated and controlled by Beijing and has entered a new era of total control by mainland authorities. The influence of the mainland…

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Major US Investment Services Provider Lays Off Staff in China, Shifting Operations to Other Countries

November 11, 2022
BeijingBusiness & Marketsbusiness environmentChinaChina Business & EconomyCompaniesCyber Administration of ChinaMorningstarShenzhen
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Morningstar, a leading global investment services provider, has significantly reduced its operations in China while shifting the bulk of its business activities to foreign locations. The Chicago-based firm has been in the Chinese market for nearly 20 years. The firm’s third-quarter financial report, released on Oct. 26, stated that it had “[begun] to incur costs from…

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Workers in Red States Are Quitting Their Jobs at Higher Rates and Why That May Be a Good Sign

July 21, 2022
Business & Marketsbusiness environmentbusiness friendlyeconomypeople leaving blue states for red statesred state recoveryUSUS News
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Employees in Republican states have a higher quitting rate than those governed by Democrats, potentially indicating a more secure job environment in the red states. Among the top 10 states with the highest resignation rates during the past 12 months, eight are Republican, according to data from WalletHub. This includes Alaska with a 12-month resignation…

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Workers in ‘Business Friendly’ Red States Are Quitting Their Jobs at Higher Rates

July 21, 2022
Business & Marketsbusiness environmentbusiness friendlyeconomypeople leaving blue states for red statesred state recoveryUSUS News
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Employees in Republican states have a higher quitting rate than those governed by Democrats, potentially indicating a more secure job environment in the red states. Among the top 10 states with the highest resignation rates during the past 12 months, eight are Republican, according to data from WalletHub. This includes Alaska with a 12-month resignation…

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