article thumbnail

[Review] The Rise Of The New East

YoungUpstarts

Faced with the rising costs of labour, materials and land in Chinese cities, companies are increasingly sourcing from other Asian countries like Vietnam, Indonesia, Pakistan and Bangladesh. Rising consumer demand in China itself has also led its own manufacturers to favour selling domestically. Asian Companies Going Global.

article thumbnail

Top 5 Fastest - Growing Freelance Platforms in 2020

Transformify

It is impossible for them to lower their rates to match the bids of those freelancers living in India, Bangladesh or the Philippines where the living costs are much lower. As the living costs around the world vary a lot, open bidding results in very low pay rates that are not in favor of those freelancers living in the Nordics, the US, etc.

article thumbnail

Out of the Crisis #21: Tomas Pueyo on the hammer and the dance, political polarization, and how the pandemic will affect the way we live and work

Startup Lessons Learned

One of my jobs in the past was consulting measures and acquisitions. And you need to look at the data very critically, because the other side of the merger or acquisition is actually trying to frame all the information in a way that is beneficial to that side and against your side. In fact, it is depressing.