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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Concrete outcomes are hard to discern, but Xi Jinping will see the treatment he received from Trump as a sign that China is now a peer of the United States.
The Concordia AI founder explains how Beijing is looking to regulate and pace AI's development while making sure it keeps up in the global race, and talks about the prospects of the U.S. and China...
Corporate Risk Intelligence for National Security, Compliance & Due Diligence
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