jd.com (chinese company) cut manager salaries and dispersed it among the workforce (non exec positions/management) in line with the idea of “common prosperity” in xi jinping’s China. This caused the stock price to drop. Video is timed to the minute this is discussed…Common prosperity sounds interesting… too bad it can't take off in the usa! https://youtu.be/chMqJN9NMa0?t=134
jd.com (chinese company) cut manager salaries and dispersed it among the workforce (non exec positions/management) in line with the idea of “common prosperity” in xi jinping’s China. This caused the stock price to drop. Video is timed to the minute this is discussed…Common prosperity sounds interesting… too bad it can't take off in the usa! https://youtu.be/chMqJN9NMa0?t=134