Business
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China’s Push for 2.5-Day Workweeks Faces Hurdles: Many Businesses Cite Operational Challenges
Sichuan’s proposed 2.5-day workweek, promoting “Friday afternoon and weekend” models, has sparked national debate. Despite initial excitement, implementation faces challenges. Businesses, especially in high-tech hubs, cite operational pressures and existing labor laws as impediments. Current regulations, based on 8-hour workdays and 40-hour workweeks, don’t support the shift, potentially leading to overtime costs. Legal experts suggest widespread adoption is unrealistic, depending on individual company circumstances and operational needs.
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Li Guoqing and Yu Yu Divorce Trends on Social Media: Both Remain Affiliated with 13 Companies
The divorce of Chinese entrepreneurs Li Guoqing and Yu Yu, finalized in 2023, has garnered significant public attention. The couple, married since 1996, have finalized their asset division. Despite the divorce, they remain connected through 13 companies, with Li linked to 28 and Yu to 25 businesses.
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Musk Backtracks: Billionaire Yields to Pressure from US President
After a public feud, Elon Musk and Donald Trump sought reconciliation. Musk, after initiating the conflict with harsh words and accusations, issued a public apology. The article explores their complex relationship, highlighting past camaraderie and financial ties that influenced their interactions. The fallout included stock drops and potential business repercussions, prompting Musk’s swift reversal and aligning with Trump’s views, ultimately leading to apologies and a truce.