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China’s - 1 ” - 1 James Liang - 1 … - 1 ” Liang - 1 — CNN’s Simone McCarthy - 1
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Hong Kong Communist China India Trip.com Beijing QiaoYin City China
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Hong Kong CNN - 1 Workers - 1 Communist - 1 United Nations - 1 Beijing - 1 Beijing Dabeinong Technology - 1 China Securities - 1 QiaoYin - 1

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☆ China's Trip.com will pay its workers $140 million to have kids
  + stars: | 2023-06-30 | by ( Laura He | ) edition.cnn.com   time to read: +4 min
Hong Kong CNN —China’s Trip.com, one of the world’s largest online travel agencies, is introducing new childcare subsidies worth 1 billion yuan ($138 million) to encourage its 32,000 employees to have kids. Trip.com’s announcement follows similar initiatives by smaller Chinese companies and comes as the country faces a demographic crisis. The country is now the world’s second most populous nation, having fallen behind India, according to the United Nations. Giving birth to a first or second child would lead to payments of 30,000 yuan ($4,130) and 60,000 yuan ($8,260) respectively, the reports said. Some 6.83 million couples married in 2022, according to data released by China’s Ministry of Civil Affairs earlier this month.
Persons: China’s, ”, James Liang, …, ” Liang, — CNN’s Simone McCarthy Organizations: Hong Kong CNN, Workers, Communist, United Nations, Beijing, Beijing Dabeinong Technology, China Securities, QiaoYin, QiaoYin City Management, China’s Ministry of Civil Affairs Locations: Hong Kong, Communist China, India, Trip.com, Beijing, QiaoYin City, China
☆ Germany’s leader and top CEOs are flying into Beijing. They need China more than ever
  + stars: | 2022-11-03 | by ( Michelle Toh Anna Cooban | Michelle Toh | Anna Cooban | ) edition.cnn.com   time to read: +11 min
The visit — the first by a G7 leader to China in roughly three years — comes as Germany slides towards recession. A spokesperson for Hamburger Hafen und Logistik (HHLA), the company operating the port terminal, told CNN Business on Thursday that it was still negotiating the deal with Cosco. “The restrictions are suffocating economic growth and heavily impact China’s attractiveness as a destination for foreign direct investment,” he told CNN Business. The ministry did not respond to a request for comment from CNN Business. He predicted that “the large majority will stay committed to the Chinese market and is expecting to expand their business.”Companies appear to be toeing that line.
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