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COL is even higher in China relative to their domestic wages. Yet, entrepreneurship is much more dynamic in China than Canada. It's a cultural problem. Hustle
by NicolBolas 3y ago
COL is even higher in China relative to their domestic wages. Yet, entrepreneurship is much more dynamic in China than Canada.
It's a cultural problem. Hustle culture and entrepreneurship is respected in China. That's not the case in Canada.
- nmfisher 3y agoI don’t know about Canada, but there’s also no unemployment safety net in China, which drives a lot of “neighbourhood” businesses (hairdressers, AirBnb, milk tea shops, etc).