Excessive pay a bit rich

High salaries and bonuses for executives of listed companies are unfair when the whole country is combating the economic recession, says an article on the website www.qianlong.com. Following is an excerpt:

Zhu Jianghong, chairman of Gree Electric Appliances, was recently panned for receiving 40 million yuan annual compensation for 2008. This followed a media firestorm on Ma Mingzhe's salary - 66 million yuan - for 2007.

Quite a number of executives in companies at home and abroad have already voluntarily given up their bonuses or agreed to receive zero salaries in the milieu of the financial crisis.