• 11/26/2024

China’s murky debt collections get new rules: don’t harass, no late-night operations, don’t enter homes uninvited

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

With household debt at worrisome levels, curbing consumption and China’s economic recovery, Beijing is interjecting in the largely unregulated process with new guidelines for issuing loans and collecting arrears.

https://www.scmp.com/economy/economic-indicators/article/3262942/chinas-murky-debt-collections-get-new-rules-dont-harass-no-late-night-operations-dont-enter-homes?utm_source=rss_feed