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Thread: The USA sets a good example for other countries!
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[quote=COOLSPRINGS,358627]>>China requires that the annual pay limits for those mangers of state owned corporations is 2,800,000 RMB.<< That is for executive level officers of super-sized state owned corps and the remunerations based on corp performance, isn't it? And it doesn't mention if it includes any the value of retirement package, stock options which usually have more than 10 years term before being eligible for exercise if they are still in the position at exercise time. If they don't perform as well as expected in their term, they should step down, which mean retirment pacage and benefits of stock options is no way to be guranteed... BTW Gary, did you win lottery seeking somewhere to invest, like chinse real estate. It's estimated that the land value in shanghai will be a couple times as much as today in 10-20 yrs. I think in 3 yr, tour industry in china will be properous because of current stimulas plan in infrastructures and tele-communications covering the whole nation. [/quote]
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