Michael Pettis(@michaelxpettis):According to Caixin: "China’s labor ministry on Thursday released draft rules that would set nationwide protections for workers in the fast-growing gig economy, including minimum-pay safeguards, limits on algorithmic decision-making and stronger obligations for internet platforms." This should be positive for rebalancing and could provide much-needed labor support.

Michael Pettis

@michaelxpettis

Senior Fellow, Carnegie Endowment. For speaking engagements, please contact me at chinfinpettis@yahoo.com

Joined October 2017

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Michael Pettis@michaelxpettis

2026.10.12 06:26

According to Caixin: "China’s labor ministry on Thursday released draft rules that would set nationwide protections for workers in the fast-growing gig economy, including minimum-pay safeguards, limits on algorithmic decision-making and stronger obligations for internet platforms." This should be positive for rebalancing and could provide much-needed labor support.