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China cuts finance salaries, raises public sector pay, causing confusion and a talent drain.
In China, finance sector salaries are being cut while public sector wages are rising, causing confusion and stress.
State-owned banks and institutions are seeing pay cuts of hundreds of yuan, with a cap of 973,000 yuan per year for financial workers.
This policy is leading to a talent drain as many leave the finance sector, and experts warn of potential negative consequences.
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China recorta los salarios financieros, aumenta la remuneración del sector público, causando confusión y una fuga de talento.