Financial Times FT.com

China gives bankers red star treatment

By Jamil Anderlini in Beijing

Published: September 24 2009 21:36 | Last updated: September 24 2009 21:36

While bankers in the capitalist west are being scorned by the public and government in the wake of the financial crisis, their counterparts in communist China are being lauded as selfless guardians of national stability and social harmony.

Sixty years of the People’s Republic of China

Jiang Zemin / China flag

The key political and economic moments in the history of Communist China since its founding on October 1 1949

During the past six decades, the Communist party’s propaganda machine has churned out a list of model workers, highlighting memorable characters such as “iron man” Wang Jinxi, famed for his exploits in China’s oil fields, and Shi Chuanxiang, the night-soil collector who spent years shovelling excrement out of public toilets.

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