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(From China Daily)
Economists should be subject to public scrutiny over their conscience, according to an article in Beijing News. An excerpt follows: Inviting economists to sit as independent board members has become vogue among China's public companies.
Out of a total of 511 incumbent or independent board members in 274 listed companies, 131 are economists.
Some renowned economists even hold several positions in more than one listed company, receiving hefty bonuses.
The resignation of Wei Jie, a famous economist, as an independent board member of a listed company, sparked heated media debate about the "conscience" of economists.