Tag: movies

China Shames Debtors in Innovative Ways

Here in Canada when someone asks a financial institution for a loan we have companies such as Equifax to check credit worthiness. We also have laws that govern if you default, what happens. In China, government involvement seems to have no bounds.

Small and large companies can go bankrupt if they do not pay back money owed. We have bail bondsmen that will repossess cars, boats and other movable objects.