China's Financial Sector Undergoes Major Overhaul: Purges and Pay Cuts Abound

2025-01-14
China's Financial Sector Undergoes Major Overhaul: Purges and Pay Cuts Abound
The Wall Street Journal on MSN.com

In a bid to curb capitalist excess, China's finance sector is experiencing a significant transformation, with Xi's campaign leading to the exit of internationally experienced financiers and the rise of a new generation of loyal functionaries. This sh ...Read more

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