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theoriginalprankster
Joined: 19 Mar 2012
Posts: 895
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 Posted: Sun Feb 28, 2016 12:43 pm Post subject: |
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One should be aware that the Chinese government is also in on the racket.
They are a silent partner, but help themselves to about 10-20% of the profits. |
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Non Sequitur
Joined: 23 May 2010
Posts: 4724
Location: China
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| Posted: Sun Feb 28, 2016 4:13 pm Post subject: |
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| theoriginalprankster wrote: |
One should be aware that the Chinese government is also in on the racket.
They are a silent partner, but help themselves to about 10-20% of the profits. |
WOW!
You mean BC's trading profits are TAXED? |
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theoriginalprankster
Joined: 19 Mar 2012
Posts: 895
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| Posted: Mon Feb 29, 2016 1:51 am Post subject: |
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| Non Sequitur wrote: |
| theoriginalprankster wrote: |
One should be aware that the Chinese government is also in on the racket.
They are a silent partner, but help themselves to about 10-20% of the profits. |
WOW!
You mean BC's trading profits are TAXED? |
Over and above the taxes they pay, the government dips its filthy paws into the massive pile of lucre the BC is making.
It's just too much money for the greedy buggers to ignore. |
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Non Sequitur
Joined: 23 May 2010
Posts: 4724
Location: China
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| Posted: Mon Feb 29, 2016 2:10 am Post subject: |
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| Care to give us a source for this information? |
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bograt
Joined: 12 Nov 2014
Posts: 331
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| Posted: Mon Feb 29, 2016 5:35 am Post subject: |
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| the massive pile of lucre the BC is making. |
For years people have complained about the BC being a leech on tax payer's money. Since any profits they do make are used to fund departments that used to be grant funded but now aren't, I'm happy they're making massive piles of lucre. I suppose if you're not British and resent other countries' non profit making organisations doing well, it's probably not a good idea to work for them. |
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Non Sequitur
Joined: 23 May 2010
Posts: 4724
Location: China
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| Posted: Mon Feb 29, 2016 6:20 am Post subject: |
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I'm a little taken aback by the sense of entitlement of some posters.
In your home country would you expect your employer to cover your lifestyle whatever you decided it to be and in addition reserve the right to take issue with where the profits go? |
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theoriginalprankster
Joined: 19 Mar 2012
Posts: 895
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| Posted: Mon Feb 29, 2016 8:26 am Post subject: |
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| Non Sequitur wrote: |
| Care to give us a source for this information? |
Told to me by a supervisor one weekend. She also noted that the Chinese staff were jumping ship en masse, due to the lack of credibility of the senior foreign staff (believe me - these are the "self-entitled" ones).
The BC in China had lost all credibility with its previous examiners, except for a few desperate souls, who didn't have the skill set to find other work.
I, on the other hand, do have a strong skill set - and made the best move of my career, moving up to Shanghai and joining a Singaporean-Chinese education company.
I feel for anyone examining for the BC. |
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slapntickle
Joined: 07 Sep 2010
Posts: 270
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| Posted: Mon Feb 29, 2016 11:53 am Post subject: |
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| theoriginalprankster wrote: |
| I feel for anyone examining for the BC. |
Yes, me too. Working-zero hour contracts for rates of pay that are low in the grand scheme of things and marking generic scripts that will get them into generic universities is indeed a job made in hell. |
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asiannationmc
Joined: 13 Aug 2014
Posts: 1342
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| Posted: Tue Jan 03, 2017 10:10 am Post subject: |
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| Quote: |
| She also noted that the Chinese staff were jumping ship en masse, due to the lack of credibility of the senior foreign staff |
that sounds like information that would come from a foreign staff member. |
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