Richard Yu allegedly steps down as CEO of Huawei Consumer Business to serve as Chairman

01 May 2024
The new position will help him better oversee the company's EV interests.

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Cllassic, 01 May 2024What about the salaries in China?Salaries in China depends on the region. Top tier cities are the best places to live in China, such as the capital city, Shanghai, Shenzhen or Guangzhou and maybe Tianjin also. There are 4 types of cities in China, and the tier one cities I mentioned before are the best cities to live in like every aspects( salary, public transportation, shops and so on). Comparing China with its neighbor India or Pakistan, China has better salaries. China is not that cheap as it was 10 years ago.

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    • Anonymous
    • KZK
    • 02 May 2024

    The Spirit of "Far ahead" will reach a 🆕 height

      Anonymous, 01 May 2024Meanwhile in new york, a single egg cost 50 cents. For 5... moreFresh from a chicken or from a farm like with chicken that never see daylight and/or grass?

      Here in Belgium/France, we can have for 0.20-0.26 depeding on farming method. If caged eggs, it's even less than 0.17 per egg.

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        • Anonymous
        • 4BT
        • 02 May 2024

        COO is part CPP/ government whatever they export he do for them

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          • Anonymous
          • vaS
          • 02 May 2024

          km, 01 May 2024BYD down 25% in a few days, real estate developers totally ... moreAnd Elon Musk just cancelled his India trip abruptly just to visit China. You're looking at short term and probably, some outdated info from China doomer youtubers.

          Because if we follow your logic, then USA is also collapsing with Tesla and Google laying off employees. But the latter will hire more people in India and Mexico. Amazing, isn't it.

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            • Anonymous
            • vaS
            • 01 May 2024

            Darth Caesium, 01 May 2024Regardless, China's living standards are expensive. Yo... moreDid you even live there or at least know someone, not named laowhy86/serpetnza/gordon chang/peter zeihan, who did?

            We have fellow countrymen working as teachers there and the cost of living is disgustingly cheap.

            Where are you getting your info? Janet Yellen just went there complaining about overcapacity that endangers US businesses.

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              • Anonymous
              • XUv
              • 01 May 2024

              Cllassic, 01 May 2024What about the salaries in China?If you ever visit Asian country such as Malaysia and Singapore, you will understand how Asian country such as China work.

              In Asian country we have a government-subsidize housing, healtcare & school. Along with public transport. This subsidize thing is quite good. For many people that were not in top earning, using the government subsidize "infrastructure" is already good. That's why this country, despite low GDP, still have a content citizen.

                Anonymous, 01 May 2024"The average person in China does not earn anywhere cl... moreChina has a population of 1.3 billion people and has terrible poverty as well as huge wealth. Chinese society is hugely unequal in its income distribution, not only compared to the US, but in general.

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                  • Anonymous
                  • XUv
                  • 01 May 2024

                  Darth Caesium, 01 May 2024Regardless, China's living standards are expensive. Yo... more"The average person in China does not earn anywhere close to the level of income that the average Westerner does."

                  Average??
                  US GDP is very high due to their 1% capture 90% of the whole US income.
                  Meaning, that the average American is way bellow GDP.

                    Anonymous, 01 May 2024"So much of China's market is composed of propert... moreRegardless, China's living standards are expensive. You might point to me about prices in China being really cheap, but that's when converted to our money. The average person in China does not earn anywhere close to the level of income that the average Westerner does. China doesn't want you to see its poverty levels either, so will do everything possible to lie about their statistics and hide their poor and homeless away from foreigners' eyesight.

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                      • Anonymous
                      • XUv
                      • 01 May 2024

                      Cllassic, 01 May 2024What about the salaries in China?I love to watch a kindergarden teacher that used to teach in USA, then moved to the US.
                      Her YT channel is sabrinainchina
                      You can see how she compare the salary in US/China compared to the expense
                      Hint: She work 2 jobs while in the US, and only 1 job while in China

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                        • Anonymous
                        • XUv
                        • 01 May 2024

                        Darth Caesium, 01 May 2024"But China still hasn't fallen apart." Citat... more"So much of China's market is composed of property development to the point where it became a bubble, and that bubble burst not too long ago when every major property developer in China went bankrupt. China's economy is not doing well."

                        If you're taking about EverGrande, this is the part that you were wrong.
                        The CEO of EverGrande raise capital in the USA, but didn't send the capital back to China.
                        He use this to transfer his wealth to the US. This is about trying to send money abroad.

                        Second,
                        China did not allow their citizen to have too much property by borrowing.
                        Only the first house/apartment can be purchase with borrowing money from bank.
                        The second, third, and so on must be paid cash in full amount.

                          Anonymous, 01 May 2024China is fine. Media have been telling us for the past year... more"But China still hasn't fallen apart." Citation needed. So much of China's market is composed of property development to the point where it became a bubble, and that bubble burst not too long ago when every major property developer in China went bankrupt. China's economy is not doing well.

                            Anonymous, 01 May 2024You can search in youtube for expats going to supermarket ... moreWhat about the salaries in China?

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                              • Anonymous
                              • JH6
                              • 01 May 2024

                              km, 01 May 2024BYD down 25% in a few days, real estate developers totally ... moreChina is fine. Media have been telling us for the past years that China has serious problems in order to distract us from our own problems. But China still hasn't fallen apart and keeps growing. The problems that I have in my homecountry (Germany) or more serious. You pay half of your salary for taxes and other social stuff, then you have to pay another large part for things like rent and food (the prices for both have risen drastically in the past years and keep rising). Meanwhile the billionaires have doubled their wealth.

                                I welcome Huawei back to Europe
                                This Man will do it
                                Trust me

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                                  • Anonymous
                                  • MqE
                                  • 01 May 2024

                                  Well deserved, Huawei did great with him as CEO. Hope the new guy can follow in his footsteps.

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                                    • Anonymous
                                    • fFC
                                    • 01 May 2024

                                    Anonymous, 01 May 2024Meanwhile in new york, a single egg cost 50 cents. For 5... moreThe same can also be said for phone
                                    A 1000usd phone after conversion is crazy, it's literally a few month salary in that country...

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                                      • Anonymous
                                      • XUv
                                      • 01 May 2024

                                      Darth Caesium, 01 May 2024But not in China. China has a comparable cost of living in ... moreYou can search in youtube for expats going to supermarket
                                      The price for half dozen of egg in beijing is $1
                                      Still 3x cheaper than New York

                                        Anonymous, 01 May 2024Meanwhile in new york, a single egg cost 50 cents. For 5... moreBut not in China. China has a comparable cost of living in many of its cities to somewhere like New York, or worse, San Francisco.