How China’s Crackdown Turned Finance High-flyers into ‘rats’

"Now I think about it, I definitely chose the wrong industry." Xiao Chen*, who works in a private equity firm in China's financial hub, Shanghai, says he is having a rough year. For his first year in the job, he says he was paid almost 750,000 yuan ($106,200; £81,200). He was sure he would soon hit ...

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