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Streamlining bloated government-related organizations and easing regulations would not fit Chinese President Xi Jinping's policy of making state-owned companies bigger. (Source photos by AP and Reuters)  
China up close

Analysis: China's mandarins face 25% pay cut as 'alchemy' fades

Local governments can no longer sell land rights for easy cash

KATSUJI NAKAZAWA, Nikkei senior staff writer | China

Katsuji Nakazawa is a Tokyo-based senior staff writer and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.

A social media post written by an employee of the Hangzhou municipal government has become the talk of the land in China.

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