
Cash Walls and Condo Giveaways: How Chinese CEOs Are Turning YearâEnd Bonuses into a Corporate Welfare Brand
Two highâprofile Chinese private firms have used extravagant yearâend giveaways and an institutionalised employee welfare network to bind staff loyalty and burnish reputations. The practices reflect a broader trend of private companies assuming socialâwelfare roles amid competition for talent, with implications for inequality, corporate governance and regulatory scrutiny.


















