Chinese finance professionals exit industry due to government crackdowns and salary cuts.
Chinese finance professionals are leaving the industry due to government crackdowns that have reduced opportunities and led to job cuts and salary reductions. Regulatory measures, including the "common prosperity" campaign, have negatively impacted private equity and venture capital. Many are now exploring alternative careers in fields like education and migration services, seeking greater stability and predictability in their professional lives.
October 16, 2024
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