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An oft-asserted critique is that China's SOEs have a lower return on capital than private companies do, implying that the SOEs use resources less efficiently. It's true that the return on assets in the private sector was 7.6 percent versus 3.3 percent for SOEs in 2019, according to the National Bureau of Statistics. But the claim that this implies that these lower capital returns reflect poor efficiency is simply an inaccurate interpretation of economic theory.

And in our final segment, it’s the GeekWire Trivia Challenge, with a chance to win a pair of tickets to the upcoming GeekWire Awards. What do Jonas Salk, who discovered and developed the polio vaccine, and John Ehrlichman, the Nixon aide and Watergate figure, have in common as it relates to Seattle startups? Listen to the third segment and send your answer to podcast@geekwire.com for a chance to win.

Analysts said the SCI is likely to end the year around 3,400, implying a 7.6 percent rise for this year.

An online job fair has also been organized to revive the job market after the pandemic forced migrants to stay at home, depriving them of salaries to support their families.

An online charity program that matches money donors with poor children born on the donors' birthdays blamed human error after pictures of some youngsters appeared in multiple profiles, raising suspicions among netizens.