Browsing Tag
debt
18 posts
China’s Former ‘Richest Son’ Shamed By Government For Having $21.5 Million Debt
Wang Sicong, the only son of Wanda Group founder Wang Jianlin, has landed on the country’s list of…
November 8, 2019
98-Year-Old Woman Walks 2 Miles in the Rain to Pay $1.49 Debt From 50 Years Ago
An elderly woman suddenly decided to walk 3 kilometers (1.8 miles) in the rain to pay a debt…
April 8, 2019
China Develops App That Reveals If a Person in Debt is Nearby
A controversial new app in one Chinese province is making headlines for its unusual function: the ability to…
January 24, 2019
Man Postpones Marriage to Japanese Princess to Pay Off His ‘Student Loans’
Japanese Princess Mako and her fiancé, Kei Komuro, set their wedding for November 2018, but the groom-to-be’s financial…
January 22, 2019
Jackie Chan’s Daughter Has Only $2.56 to Pay $287 Bill at Hong Kong Hostel
Etta Ng, Jackie Chan’s estranged daughter, and her wife, Andi Autumn, allegedly only handed over 20 Hong Kong…
December 17, 2018
Actor/Singer Rain’s Parents Accused of Fraud After Borrowing $15,000 of Rice 30 Years Ago
The singer Rain’s parents were accused of fraud in an online forum this week. In a post…
November 28, 2018
Boy in China Forced to Collect Recycling After Stealing $290 From His Grandma
A nine-year-old boy in southern China has been collecting recyclables since Golden Week to pay off the 2,000 yuan…
October 10, 2018
Constance Wu Was ‘tens of thousands of dollars’ in Debt Before Landing ‘Fresh Off the Boat’ Role
Just like any other celebrities in Hollywood, Constance Wu was also knee deep in debt before she landed…
August 16, 2018
Former Miss Hong Kong Who Used Crown as Loan Collateral Sued Over $479,000 Debt
A former beauty queen from Hong Kong reportedly used her pageant crown as collateral for a loan, and…
June 5, 2018
China’s Controversial Credit System Has Stopped Over 15 Million People from Travelling
While it was earlier announced that China’s social credit system will be fully implemented in 2020, it has already been…
May 22, 2018
China Punishes Over 8 Million People in Debt By Preventing Them From Traveling, Staying at Nice Hotels
The Chinese government has restricted blacklisted debtors from traveling luxuriously and living an extravagant life with their spending…
December 20, 2017
China is Launching a National System That Publicly Shames People Who Don’t Pay Off Bank Loans
China is creating a system that publicly shames people who default on their bank loans. Developed by the…
October 11, 2017