China to set annual salary cap on finance sector amid common prosperity push, sources say
China to set annual salary cap on finance sector amid common prosperity push, sources say
www.scmp.com China to set US$412,000 annual pay cap for finance industry executives: sources
The 3 million yuan (US$412,460) yuan annual salary limit will be applied to all state-backed financial institutions, sources say.
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The original was posted on /r/worldnews by /u/KpopMarxist on 2024-07-05 20:22:13+00:00.
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