• 09/21/2024

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

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s finance sector was once freewheeling and highly lucrative, but new regulations and mandates from officials suggest banks will have a different role in the years to come – one that looks beyond simple profit-seeking.

https://www.scmp.com/economy/china-economy/article/3257250/chinas-new-rules-finance-pull-brakes-gravy-train-bringing-greed-good-era-halt?utm_source=rss_feed