As China’s workforce heads into another year-end bonus season ahead of the Lunar New Year, the mood is colder than in previous cycles. Unlike a few years ago, when social media was flooded with posts flaunting outsized payouts, public talk of bonuses has largely faded from view.
Long viewed by Chinese employees as a barometer of corporate prospects, industry momentum and even the broader economy, the year-end bonus packages for 2025 have become smaller, rarer and far more unevenly distributed,…
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