CICC Accused of Bias by Non-Chinese, Non-Communist US Banker
- VP Andrea Bischof sued the Chinese investment bank in New York
- She claims CCP membership is important for advancement at CICC
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A New York-based vice president at China International Capital Corp. Ltd. claims she faces discrimination at the Beijing-based investment bank because she’s not Chinese and not a member of the Chinese Communist Party.
Andrea Bischof, 31, sued CICC in New York on Thursday, claiming she was repeatedly passed over for promotion and paid less than Chinese colleagues despite superior performance. According to her suit, party membership has become an increasingly important factor in advancement at CICC in recent years, and Bischof said she faced discrimination because she’s ineligible to join.