June 2018

China Crypto Unpacked, Bitcoin Bad – Blockchain Good

The Chinese have banned Bitcoin and “Initial Coin Offerings” (ICOs) that was probably wise as many ICOs are “dressed-up ponzi schemes”. Nobody needs that, especially China, a country in which about 500 million people remain relatively uneducated rural residents, but where mobile internet access is increasing at exponential rates. China has an “Anti-Pyramid Scheme” law …

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Annual Vacation calls for special attention from the Management

China Labor Law confers the right to take annual vacation with pay on employees who have worked for an employer for one or more years. According to relevant statutory requirement, a labor contract must include a clause for vacation arrangement. It also requires the employers to well organize and arrange the rest time and vacations …

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