"This isn’t the first steep pay cut for Country Garden executives: In September 2022, the company dropped president Mo Bin’s annual salary to 3 million RMB from 15 million, and executive director Yang Ziying’s salary to 2 million RMB from 10 million."

Read this story from "Fortune" for free without being tracked.

https://read.distractionfree.site/fortune/2023/12/14/chinese-developer-country-garden-slashes-pay-yang-huiyan-avoids-onshore-default-china-property-crisis/

#developer #huiyan #onshore #china #YangHuiyan #Executives #MoBin