By Xie Yu, Ziyi Tang and Julie Zhu HONG KONG (Reuters) - From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches .
Financial professionals are among the highest-paid workers in China, and their wealth has drawn public criticism on social media as the economy slows, drawing Beijing's ire as well.
From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to reining in travel and entertainment expenses, Chinese financial firms have jumped on an austerity drive as Beijing pushes to bridge the wealth gap. Financial professionals are among the highest-paid workers in communist China and their wealth and flashy lifestyles have often come under criticism from the public on social media as the economy slows, drawing Beijing's ire as well. China's top graft-busting watchdog earlier this year vowed to eliminate ideas of a Western-style "financial elite" and rectify the hedonism of excessive pursuit of "high-end taste".
HONG KONG, May 25 (Reuters) - Some offshore users of an
official Chinese website providing economic and demographic data
on Fujian province across from Taiwan say their access has been
restricted, and Beijing said "emergency. | 09:21am