I am beginning to detect a pattern where middle level and senior regulators and officials get to rotate to a commercial bank, where they enjoy a few years of high salary. Then, they can either choose to stay or return to poverty. If this can reduce corruption, I think that would be a pretty good system.
Weblog with daily updates of the news on a frugal, fair and beautiful China, from the perspective of internet entrepreneur, new media advisor and president of the China Speakers Bureau Fons Tuinstra
Saturday, June 23, 2007
A way to clean up the banking sector
Victor Shih detects a path Chinese authorities are following to clean up the banking sector:
Labels:
banks,
China,
corruption,
economy
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1 comment:
I'm not too sure of your viewpoint. So called 高薪养廉(ɡāo xīn yǎnɡ lián), is it true?
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