Entrenched Gender Gap in China?

BEIJING — Lately, a stream of rosy media accounts has been telling the world to look to China as a model of gender equality in the workplace. “China Dominates List of Female Billionaires” and “Women in China: the Sky’s the Limit” are some recent examples from the international press.

But the cascade of optimistic portraits detracts from what is really happening to women in China’s fast-growing urban work force. They are losing ground fast.  Here’s a report.  China’s Entrenched Gender Gap

Dimon’s Day. He Will Probably Stay

We have often covered the ongoing story of Jamie DImon’s role at Chase.     The Annual Meeting will be held today.  All the hoopla over Dimon’s dual role on the Board and as CEO masks more fundamental issues.  Is Dimon indispensable?  Probaby the only job he has done that  is unique is that he is the personal banker for the POTUS, probably for FLOTUS, and even their daughters Sasha and Malia.  No one has asked about the fox guarding the hencoop. The Whale trades in London have disappeared.  And, most importantly, the proper role of banks has not been defined.  What is a bank and what is a bank’s function in society.  A few shareholders benefit from the whopping 25% made on monies held in the middle ground.  But what of customers, small businesses and keeping cash local?  Not a word.  A more measured view which suggests a sweep of the board.

Jamie Dimon