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....