It's funny that a mayor of a Chinese city actually offers a stinging assessment of "financiers." (Shanghai Mayor Sees Bankers Bereft of Conscience) I can't recall one U.S. official making a similar indictment.
Shanghai Mayor Han Zheng has every intention of fulfilling his mandate to enable China’s financial capital to overtake Hong Kong, Singapore and Tokyo as preeminent in Asia, as long as bankers don’t get in the way.
“Financiers have the least conscience in the world when it comes to making money,” Han, 55, said in an interview. “By saying that, I would have offended many bankers and financiers, but this is my personal experience.”
Just $5 a month supports NCR's independent Catholic journalism.
We are committed to keeping our online journalism open and available to as many readers as possible. To do that, we need your help. Join NCR Forward, our new membership program.
Looking for comments?
We've suspended comments on NCRonline.org for a while. If you missed that announcement, learn more about our decision here.