President Xi to cut SOE executives' salaries and benefits

China’s President Xi Jinping looks set to continue his campaign against corruption, with senior executives of state owned enterprises as his next major target, South China Morning Post reported, citing a Thursday article by Xinhua.  Xinhua gave a list of SOE executives and their perks, including extravagant meals, fancy cars and games of golf. Xi had vowed at a meeting on Monday to eliminate these kinds of expenses attached to senior positions at SOEs and to cut salaries. It noted that public discontent over high salaries at SOEs was mounting, especially in monopolised sectors where high pay levels were deemed particularly unjustified.