"I've read quite a bit of history about the province of Fujian where about 40% of the Southeast Asian Chinese originally came from. Historically, because that region is full of mountains and access, people go from land to land and across the sea. People have been navigating through the sea for more than 1000 years. And almost every dynasty, at some point in time, tried to restrict trade, but the challenge is that it's a vast coastline with lots of bays and mountains, making it very difficult to police, so people found ways to trade and it just carried on for so many years." - Jianggan Li
"Jack Ma of Alibaba certainly popularized the term 996, which means working from 9am to 9pm, six days a week. It was prized because you work hard, you get rewarded, and the company grows faster than your competitor, but if everyone starts to do the same and there's no growth in the top-line market, it becomes what people call 'involution nature.’ Then the rewards became more scarce and had to be distributed to more people. So now, 996 is almost a taboo in China. People don't really talk about it, but you will see that it's many of the companies are still practicing top-down control, and long working hours, but in tech, you already see lots of companies that try to steer away from that."" - Jianggan Li
"China is becoming more open. So now, if you look at the global trade order for the last 20 years, China is probably one of the biggest beneficiaries. It developed its industry. It allowed them to sell lots of things across the world, and it has an interest in defending the current trade order despite the fact that it didn't set up this order. The order is actually set up by the West.” - Jianggan Li, Founder & CEO of Momentum Works" - Jeremy Au
In this episode, Jeremy Au speaks on China's diaspora waves, bamboo network economic interdependence, and 996 MNC culture with Jianggan Li.
Keywords: China, Diaspora Waves, Bamboo Network Economic Interdependence, 996 MNC Culture, Jianggan Li, China, Southeast Asia, VC, Thought Leadership
