Covid-19 has spurred a far-reaching shift to telecommuting in the West. But China has not followed suit, even though the payoffs for it would be far larger.
CHICAGO – Before the pandemic, firms and workers around the world used emails and conference calls to reduce communication costs. But a lack of coordination made using these technologies fully difficult. Firing off an email was easy, but there was no guarantee of when the other person would respond. People were reluctant to break old habits. Holding a virtual meeting might be interpreted by participants to mean that the topic wasn’t particularly important. More broadly, low demand discourage
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