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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Lexology

A Chinese laborer at a brick factory in China. Photo: AFP
Posted inBeijing, China, Hong Kong, World

‘Brickcoin’ saga illustrates problems facing China’s workers

by Gordon Watts January 29, 2018February 18, 2020

Bitcoin might be all the rage in the rarified atmosphere of cyberspace, but “Brickcoin” has become the new currency of choice for 30 rural factory workers in China. Trapped in a cycle of wage arrears, the employees agreed to be paid in the 290,000 bricks that they had made at a plant in the city […]

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