A look at the murky world of debt collection in China, where strong-arm tactics and often violent threats have created a stigma that will not easily fade.
Debt collection is the latest industry to face scrutiny from Beijing, as the authorities tighten up oversight of the country’s financial sector.
On May 25 Hunan Yongxiong Asset Management, one of China’s largest debt collection agencies, announced it was suspending its operations. In a WeChat post laden with emotional language, the company described a series of police raids at its offices across Hunan since early April, that resulted in 179 employees being detained or subject to oth
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How did the late premier convince local governments to surrender fiscal revenues to Beijing? In an extract from his recent book, Authoritarian Markets, Adam Y. Liu explains how Zhu played his trump card — letting local governments set up their own banks.
The academic and former U.S. ambassador to Russia talks about the contrasts between Putin and Xi, and what Washington can do about their relationship with each other.
Corporate Risk Intelligence for National Security, Compliance & Due Diligence
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