If you are single, its an opportunity to find China wife since many coming here.

Aside from that, yes its getting far competitive.

A lot of PRC companies are setting up here, and they prefer to hire 50% of their workforce their own people. So unless you are really good and stand out, they will prefer their own people.

You see, back in CCP land, their citizens are being squeezed with lack of job opportunities. Every year millions of graduates come out, government is very worried at where to land them jobs. There are even high top scorers that can't find jobs. The top leadership of course worried lah, if no job means unrest. Obviously there is a secret plan, to invest overseas, set up their version of MNCs but they ship these people overseas and be based there, hopefully one day they become citizens, inter marry. So the govt back home don't have to worry about them lying flat in their country.

what industry r you in? IT ?

Some machinery la. Not IT.

China lady not easy to handle ohhh

Some CCP boss is like HK boss.

Be careful of those like to target one.

Once you make a mistake...they will keep haunting you, target you over and over again...

until you collapse under pressure.

But then again some CCP bosses are nice...still...they may not understand when you need to take AL for your child sick, or no penjaga stuff like that.

Managing my spending and making lifestyle adjustments, cos that's where I have 100% control.

My retired parents punya spending is like 2k-3k/month at most. Mana ada traveling eating out spending macam youthful days pon.

It's not all doom and gloom

Find better ways of making money and be grateful in life

Welcome to the world of competition

The world always needed blue collar workers
If u got that machinery skills , u won’t die and will become even more valuable if economy are good

But for now as u predict that dark days ahead
U need to beware of your spending
If you are rich enough , it’s time to make deals by pinching others to low price

Because this is always the cycle , world will always go up and down

I am in my early 40s.

Like previous poster mention, I am accumulating low risk passive income stream, such as property with rental yield, EPF, broad index ETF.

While continue to live the b40 lifestyle to keep expenses to the minimum.

Single?

Married

If wife happy for B40 life then u have done well.

Wife no complain because I got married to B40 factory worker, she getting used to the b40 lifestyle.
I won't consider living b40 lifestyle as success.
True success is FIRE while still can buy anything without looking at the price tag.

Mostly funded on credit, BNPL.
Emergency funds and savings are not en vogue now.

people should vote for a better govt next time

So what's your plan to future proof yourself?

Most yolo because they don't see any hope. Why safe when you don't know what will bring tomorrow right?

I am not judging their choice. It's their life.

No experience with chinaman company first hand. But second hand got la. Local company boss very traditional, loud mouth like gangsta , totally unreasonable.

But one of his staff got cancer he paid for the medical. Still his other staff complain about him. Cos keep kena blame for low production when though he already told them the problem. All my quotation he won't buy. Cos said expensive.

Yeah sending is one thing. But apart from that?

What's your plan? For sure I am not blue collar. Am thinking to switch to it..maybe a little too late.

Passive income I am covered i guess. Investment , rental.

I am holding on to buying cars.

Yeah. It's good but these are passive. What about when you are retrenched or say AI starts to take over.

Safe and effortless investments like EPF, TH, ASB. The rest just live & work like normal, nothing extraordinary.

Appreciate ur local boss.

CCP bosses, usually more favor their own people.

They got classes one, if you member of CCP - no1 treatment (no blame can come to u), if you ordinary CCP citizen - second class, if u cainis know mandarin - 3rd class, if you cainis banana - this class they despise the most.

Racism? Only mention Chinese, no mention of Bangla too!

Thus the passive income, the whole idea is to have it fund the expenses should shit hit the fan.
Keep expenses to the minimum, save and invest as much as possible. Rinse and repeat.