[-] MaoShanDong@hexbear.net 24 points 5 months ago

Just to add some more context and info that was left off from this English summary.

The new "Company Law" allows companies to use capital reserve funds to make up for losses in accordance with regulations, breaking the current "Company Law" that does not allow the use of capital reserve funds to make up for company losses.

The new "Company Law" further improves the provisions that shareholders, directors, supervisors and senior executives should bear liability for compensation when a company illegally distributes profits.

) The new Company Law adds a new liability clause for damages caused by directors and senior managers to third parties due to the performance of their duties, in order to strengthen the responsibilities of company directors and senior managers and improve the level of corporate governance.

This new 公司法 amendment was passed last December and seems to not only strengthen worker powers but also seems to increase liability for upper leadership. If you're interested in reading more from a Chinese language source this is the new law in full text: http://paper.people.com.cn/rmrb/html/2024-01/02/nw.D110000renmrb_20240102_1-14.htm. and here is a summary: https://www.zhonglun.com/research/articles/52526.html Translation software works well with both.

[-] MaoShanDong@hexbear.net 23 points 6 months ago

Honestly, coming to this site and seeing comments like this is one of the only few ways I can get external validation that it's not me that's going crazy. Keep on fighting the good fight comrade.

[-] MaoShanDong@hexbear.net 20 points 6 months ago

There are a couple of points to consider the biggest one being that Americans as a user base are but a fraction of the global base,less than 10% iirc, and one of the hardest to monetize. Outside of financial considerations it's worth more to keep tiktok just for the global soft power it exerts on the other parts of the world and to send a message as well.

[-] MaoShanDong@hexbear.net 3 points 6 months ago

Safety issues aside there's actually a bit of a social aspect to this. Due to the prevalence of both carpooling and slow traffic many young people and families use the entertainment system for the passengers. Karaoke is really popular iirc so in order to stay competitive all new cars have to come with these features.

MaoShanDong

joined 6 months ago