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World News@lemmy.ml · 8 months ago

China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt

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China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt

intelshill@lemmy.ca to

World News@lemmy.ml · 8 months ago

With new regulations and mandates, is the party over for China’s finance sector?

China’s finance sector was once freewheeling, but new regulations and mandates from officials suggest banks’ new role looks beyond simple profit-seeking.

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