Intentar ORO - Gratis
China can’t afford to ignore its army of gig workers
Business Standard
|November 22, 2025
Pivoting to a tech-driven growth model after the collapse of the property sector is a sensible move for China. The strategy has helped Beijing win a trade truce with Washington. But it may take years for the country’s industrial giants to mature enough to create enough jobs.
In the meantime, some 200 million people — equivalent to about 40 per cent of the urban labour force — are stuck in the gig economy. That experience lies at the core of writer Hu Anyan’s bestselling memoir I Deliver Parcels in Beijing, a raw, darkly comical work newly available in English. Policymakers must move more quickly and decisively with reforms to support this large and powerful group of consumers that the slowing economy can’t afford to do without.
The book takes readers behind the scenes of an e-commerce worker's daily grind, in an echo of Anthony Bourdain’s restaurant industry account Kitchen Confidential. It affirms the need for Beijing to give legal protections, health insurance, and social security benefits to these workers. It’s an idea that is likely to find support from Alibaba Group Holding Ltd, JD.com Inc, and Meituan, a trio of delivery giants trying to add drivers as they battle for market share. They are already offering more benefits than mandated by the state.
Esta historia es de la edición November 22, 2025 de Business Standard.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Business Standard
Business Standard
India-US framework trade deal soon: Commerce secy
India and the United States (US) are hoping to finalise a framework trade agreement “soon”, Commerce Secretary Rajesh Agrawal said on Monday.
3 mins
December 16, 2025
Business Standard
IRFC junks 10-year ZCB bond offer as cutoff rises
State-owned Indian Railway Finance Corporation (IRFC) on Monday scrapped its planned issuance of %5,000 crore in 10-year zero-coupon bonds (ZCB) after bids came in at a higher yield from the investors, sources said.
1 min
December 16, 2025
Business Standard
Militant groups experimenting with AI, risks likely to grow
As the rest of the world rushes to harness the power of artificial intelligence (AI), militant groups also are experimenting with the technology, even if they aren’t sure exactly what to do with it.
1 min
December 16, 2025
Business Standard
‘Range worries keep EVs as second cars’
Customers are still hesitant to buy electric vehicles (EVs) as their primary car due to concerns around public charging infrastructure, accuracy of driving range and assured resale value, issues that largely remain unresolved, said Maruti Suzuki India Senior Executive Officer (Marketing & Sales) Partho Banerjee.
2 mins
December 16, 2025
Business Standard
Sustainable growth path
China is not trying hard enough to rebalance its economy
2 mins
December 16, 2025
Business Standard
'Investors using index funds for long-term wealth creation'
Passive investing in India is moving into the mainstream, and strategic gold-silver allocations can enhance portfolio returns, says Pratik Oswal, chief of passive business at Motilal Oswal Asset Management Company. In an email interview with Devanshu Singla, he explains how passive funds will play a bigger role in retirement planning, why mid and smallcaps look attractive over the long term, and how gold-silver allocation can improve risk-adjusted returns. Edited excerpts:
2 mins
December 16, 2025
Business Standard
Albanese grapples with fallout after Sydney antisemitic attack
A day after the deadliest domestic terror attack in Australia’s history, Prime Minister Anthony Albanese faced criticism that he didn’t do enough to combat rising attacks on the Jewish community nor did he swiftly enact recommendations from the nation’s antisemitism envoy released five months ago.
1 mins
December 16, 2025
Business Standard
State gets its first Ramsar site
Chhattisgarh marked a significant environmental milestone with the declaration of the Kopra Reservoir in Bilaspur district as the state’s first Ramsar Site.
1 min
December 16, 2025
Business Standard
Withdraw from Donetsk for peace deal: US to Ukraine
US peace negotiators have told Ukraine during peace talks in Berlin that it must agree to withdraw its forces from the eastern Donetsk region as part of any deal to end the nearly four-year-old war, an official familiar with the matter said.
1 min
December 16, 2025
Business Standard
Jaipur Discom prepares plan to recover dues
Jaipur Discom has identified 10 electricity divisions and 20 subdivisions with the highest outstanding dues and has prepared an action plan to collect 100 per cent of the revenue from consumers in these areas, an official of the power distribution company said.
1 mins
December 16, 2025
Listen
Translate
Change font size
