Inside China

SCMP Spotlight: death and debt in China

Sep 11, 2023
This podcast explores the lack of personal bankruptcy legislation in China and the impact it has on individuals struggling with debt. It discusses the need for a personal bankruptcy system to tackle social conflicts and alleviate heavy debt burdens. The podcast also highlights struggles with debt and bankruptcy in China's property crisis, as well as the challenges and issues surrounding personal bankruptcy, including declined applications and potential harassment from creditors.
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