How to be an obnoxious capitalist.
The week's news at a glance.
China
Mainland Chinese are becoming as pushy as Hong Kongers, said Hong Liang in the Beijing China Daily. And that’s mostly a good thing. Local businesses in Hong Kong are in desperate need of “foreign talent,” and they have long tended to look abroad. Mainland Chinese managers were seen as conservative and risk-averse, unsuited to Hong Kong’s “highly competitive business environment, which rewards only those with initiative and daring.” That bias is now fading. The opening of the Chinese market in recent years has produced “a new crop of mainland managers,” far more innovative and flexible than the old—and more like the stereotypical Hong Konger. Of course, there’s a downside to assertiveness. “To survive in a work environment where rewards are closely tied to individual performance, most young Hong Kong executives learn the lesson of competitiveness early on.” The eat-or-be-eaten environment can breed people who seem “inconsiderate to the point of rudeness, uncaring, and impatient.” The best manager may be one who combines traits of mainland and island: politeness and decorum coupled with ambition and drive.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
'Will growth slow, or is the economy about to fall off a cliff?'
Instant Opinion Opinion, comment and editorials of the day
By Harold Maass, The Week US Published
-
Senate passes FAA bill with new consumer protections
Speed Read The legislation will require airlines to refund customers for flight delays
By Peter Weber, The Week US Published
-
Trump pledged pro-oil policy to CEOs, asked for $1B
Speed Read The former president promised to reverse Biden's environmental regulations if elected
By Peter Weber, The Week US Published