Econ and Finance - 04 Aug 2022

Reining in financial sector pay

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

Austerity, that's the spirit!

Senior executives at China's state-owned financial institutions face pay caps – and less fun all round.

On Wednesday, the finance ministry (MoF) issued a notice to tighten fiscal prudence at such institutions.

Less travel, no premium booze nor fancy furniture....


Your subscription doesn't include access to this content. Upgrade your account to access.

Change your plan