I was quoted on The Daily, a new media for iPad, about Starbucks and PriceWaterHouseCoopers massive expansions in China: “All the jobs in China: 2 companies looking to hire from Asian giant’s huge middle class”:
Yesterday, accounting giant PricewaterhouseCoopers trumpeted plans to expand massively in Asia by hiring 15,000 people in China and Hong Kong over the next five years.
In fact, the firm said it will bring thousands of jobs to Chinese college graduates in the next few months, according to Dow Jones.
Starbucks, meanwhile, announced its own blistering expansion, vowing to more than triple the number of its mermaid- themed coffee shops in China by 2015. It’s aiming to get up to 1,500 locations in four years.
And here is where I was quoted:
Still, that doesn’t mean everything is gravy in China. According to Helen Wang, consultant and author of “The Chinese Dream,” even with companies bringing new jobs, China’s middle ranks are as worried about the future as we are.
“They have extreme anxiety because they don’t know how long this window of opportunity will be open,” she told The Daily. “They worry when the optimism will be gone, and if they don’t make enough money, the government won’t take care of them like before. So they grab what they can grab.”
Read the full article “All the Jobs in China” here.
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