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How China’s crackdown turned finance high-flyers into ‘rats’ (www.bbc.com)

submitted 9 months ago by slartibartfast@lemm.ee to c/world@quokk.au

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The “glow” of the industry has worn off, he says. It had once made him “feel fancy”. Now, he is just a “finance rat”, as he and his peers are mockingly called online.

China’s once-thriving economy, which encouraged aspiration, is now sluggish.

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