news@hexbear.netEnglish · 8 months ago

China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt

www.scmp.com

cross-posted to:
china@lemmygrad.ml
worldnews

China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt

www.scmp.com

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news@hexbear.netEnglish · 8 months ago

cross-posted to:
china@lemmygrad.ml
worldnews

With new regulations and mandates, is the party over for China’s finance sector?

www.scmp.com

China’s finance sector was once freewheeling, but new regulations and mandates from officials suggest banks’ new role looks beyond simple profit-seeking.

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8 months ago
But at what cost?

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