Reported about 1 year ago
Wang Hao, a Ph.D. candidate in International Relations at the University of Oxford, recently discussed 'salary refund loans' on Facebook, where financial institutions demand back previous years' salary bonuses from employees who have already spent the money, leaving them no choice but to borrow from banks. He shared the tragic story of a female employee of China International Capital Corporation (CICC) who allegedly faced a pay cut and high housing loan burden, leading to her jumping from the company building, urging others to value life and leave China for a fresh start.
Source: YAHOO