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nekandro@lemmy.ml to World News@lemmy.ml · 11 months ago

China’s Financial Elite Face $400,000 Pay Caps, Bonus Clawbacks

www.bloomberg.com

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China’s Financial Elite Face $400,000 Pay Caps, Bonus Clawbacks

www.bloomberg.com

nekandro@lemmy.ml to World News@lemmy.ml · 11 months ago
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The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President Xi Jinping’s “common prosperity” campaign.
  • VelvetStorm@lemmy.world
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    11 months ago

    Because the local governments are just going to be embezzling it at the end of the day.

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