# reputation
Latest news and articles about reputation
Total: 4 articles found
Layoffs, Pay Cuts and a Vanishing CEO: Xibei’s Collapse as a Cautionary Tale for China’s Restaurant Sector
Xibei, a major Chinese restaurant chain, has come under fire after management rescinded earlier promises to protect employee pay, pushed staff toward voluntary resignations with a strict deadline, imposed standby wages at local minima, and offered severance in delayed instalments. The CEO, Jia Guolong, has stepped down amid a widening trust and reputational crisis that highlights wider risks for China’s restaurant sector.
Chinese EV Maker Leapmotor Offers Up to ¥5m for Tips on ‘Black PR’ as Auto Industry Battles Online Misinformation
Leapmotor announced a public tip line on March 2 offering rewards of ¥50,000–¥5,000,000 for verified leads exposing ‘‘black PR’’ attacks, joining other Chinese carmakers and aligning with state-led efforts to curb online disinformation. The move reflects rising corporate concern over reputational risk in the fast-growing EV sector but raises questions about incentives, evidentiary standards and the limits of crowd-sourced policing.
Buffett’s Last Lessons: Trade, Trust and Time — Ten Practical Rules from a 94‑Year‑Old Investor
At Berkshire Hathaway’s annual meeting, Warren Buffett outlined ten practical principles for investors and citizens: beware trade protectionism, guard against inflationary fiscal policy, be modest about technology you do not understand, favour patience plus decisive action, and protect reputation. His remarks stress long-term compounding, vocation, curiosity and the role of trust in sustaining markets as he phases in succession at Berkshire.
The Waning of a Real‑Estate Patriarch: How Wang Shi’s Personal Drama Exposes a Broader Fall from Grace
Wang Shi, the 75‑year‑old founder of Vanke, has been compelled to rebut marital split rumours as social‑media footage and changes in joint holdings signal a decoupling from his younger partner, Tian Pujun. The personal spectacle mirrors Wang's professional decline since the 2015 Vanke power struggle and failed post‑Vanke ventures, underscoring how attention economies and generational shifts can hollow out the authority of once‑powerful business figures.