New reports are suggesting a salary cap of 600-thousand yuan per year may be in the works for senior executives of this country's state-owned enterprises.
That's around 100-thousand US dollars.
The reports have not been confirmed by the government.
This comes on the heels of Chinese President Xi Jinping suggesting last week that corporate salaries in this country's SOE's need to be reformed.
Li Jin, chief researcher with the China Enterprise Institute, says any cuts to salaries need to be tempered.
"We need to find that fine balance. If we cut their salaries so low, it will hurt their motivation and it hurts the basic incentive mechanism of running a company. But we sh
