The end of ownership for fashion products?

https://www.mckinsey.com/industries/retail/our-insights/the-end-of-ownership-for-fashion-products?cid=other-eml-alt-mip-mck&hlkid=af326c6bd4b246f69f896761851d5bd7&hctky=1692850&hdpid=c1e8b06f-6d2e-4b13-be15-7138c427ddab

China’s crowded labor market is making life tough for foreign workers and new graduate ‘sea turtles’

– Overseas-trained talent known as ‘haigui’ are no longer seen as having an advantage over locally educated employees
– In the 40 years since opening up began, a total of 3.13 million sea turtles or 83.73 per cent of the Chinese students who graduated abroad have returned home

https://www.scmp.com/economy/china-economy/article/2185133/chinas-crowded-labour-market-making-life-tough-foreign-workers