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China elderly care sector plugs smart gadgets to fill workforce gaps

8 Comments
By Jing Xuan TENG

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8 Comments
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Thought China had as problem with youth unemployment

.

If they want a job, there is ones going in the looking after the old sector.

.

But

For institutions, they hope to save on labor costs

.

Profits for share holders comes first.

1 ( +2 / -1 )

China has tens of millions unemployed. It will take decades before they ran out of employees, particularly as their economy keeps tanking

-1 ( +1 / -2 )

Profits for share holders comes first.

China is a socialist country, not a full-blown captialist contry where CEOs and fat cats earn millions while their workers earn a pittance.

particularly as their economy keeps tanking

Please, not that old chestnut again. Gordon Chang and Peter Zeihan will be saying this til they go to their graves. They've repeated this for two decades - China's going to collapse this year, repeating this for years on end. UK, Germany and Japan have seen near-zero growth, and it's China with 5% growth which is going to tank? Do me a favour.

1 ( +2 / -1 )

Pukey2Today 05:42 pm JST

Profits for share holders comes first.

China is a socialist country, not a full-blown captialist contry where CEOs and fat cats earn millions while their workers earn a pittance.

You're right, it's worse: it's a communist country where the party gets their cut for doing absolutely nothing but not sending in the hired goons.

Do me a favour.

and remind you that China has to grow x4 to equal the prosperity of the US?

-1 ( +1 / -2 )

China elderly care sector plugs smart gadgets to fill workforce gaps

Made with stolen technology, no doubt.

0 ( +2 / -2 )

Taiwan:

and remind you that China has to grow x4 to equal the prosperity of the US?

Sorry to burst your bubble, but China surpassed USA ages ago in terms of PPP.

Let me explain this in layman's term, even though it will be painful to absorb.

If someone in country X earns twice as much as someone in country Y, but everything

in country X costs five times as much as Y, who do you think will have a better

quality of life?

And please, don't get me started on levels of crime, poverty, homelessness, murders, shootings and police brutality.

-1 ( +1 / -2 )

Pukey2June 16 11:32 pm JST

Taiwan:

and remind you that China has to grow x4 to equal the prosperity of the US?

Sorry to burst your bubble, but China surpassed USA ages ago in terms of PPP.

Let me explain this in layman's term, even though it will be painful to absorb.

If someone in country X earns twice as much as someone in country Y, but everything

in country X costs five times as much as Y, who do you think will have a better

quality of life?

So what? Only 2-3x left to grow? Food is food and can't be much cheaper in China. Will be interesting if you make it before the elder apocalypse hits and it is hitting already.

And please, don't get me started on levels of crime, poverty, homelessness, murders, shootings and police brutality.

Weighed against the much worse police and legal system brutality in China and the rampant corruption and I'd say we're about equal.

0 ( +1 / -1 )

Luxury retirement homes because some Chinese citizens are more equal than other Chinese citizens.

1 ( +1 / -0 )

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