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China’s Blacklist of Debtors
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China’s Blacklist of Debtors

China’s Blacklist of Debtors

Fintech Nexus Staff·
FintechNews Roundup
·Dec. 20, 2017·1 min read

The highest court in China publishes information on their website of those who have failed to repay loans; debtors are unable to fly domestically, use the high speed train system or enroll their children in private schools; individuals also have a number of other restrictions; the ban works by linking a person’s ID number; the list launched in 2013. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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