6. Explain the history of China’s Silicon Valley, Zhongguancun. (wired $)
7. China’s state-owned bank in Hong Kong is attracting new mainland clients with the potential to deliver mRNA vaccine injections. (Financial Times $)
lost in translation
The new year is a year of new changes, and as reported by the Chinese tech publication Baobian, many Chinese big tech workers have quit the industry and wondered how they did meaningless “bullshit jobs.” looking back
Although the country’s technology industry is relatively young, these companies have grown into giant corporations burdened with bureaucracy and inefficiency, much like their counterparts in the West. A major source of staff frustration is feeling they spend months on minor product changes that can be rejected at the last minute. For example, to make a simple UI design change for him, it would take him two weeks to research objections, but the final product has little originality. Some employees feel they have lost their personal purpose while helping the company optimize how it makes money.
Having held various positions at Tencent, Alibaba, and ByteDance, Luyi felt he was chasing abstract numbers based on unreliable data analysis and ultimately achieving nothing. Last year, she finally decided to quit the tech industry and she started working at her art gallery in Beijing. “The sense of accomplishment you get when you pull off a successful art exhibition is immense. You get a lot of positive feedback about the scene,” she said. It is a feeling that was lacking.
one more
To celebrate the transition from the year of the tiger to the year of the tiger, a zoo in western China held a ceremony on Friday to put a tiger cub and a rabbit at the same table. However, the video was quickly cut when the tiger aimed at the rabbit’s neck, causing panic and chaos among the correspondents. Luckily the rabbit was unharmed. Otherwise, it would have been a terrible harbinger of the New Year.
