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July 31, 2017

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Woman chose surgery to avoid debts

A WOMAN from the central city of Wuhan had plastic surgery to change her appearance in order to avoid paying her 25 million yuan (US$3.71 million) debts, according to Xinhua news agency.

In a case highlighting the challenges facing China as it tries to establish a “credit society,” police were “astonished” after apprehending the 59-year-old, who fled to the southern city of Shenzhen after a court in Wuhan ordered her to pay up.

“She looked in her 30s and was different from the photos we had,” Xinhua quoted a policeman as saying.

The woman, identified as Zhu Najuan, also confessed to using other people’s identity cards to travel across the country.

She financed her plastic surgery using borrowed bank cards, Xinhua reported.

Representatives from more than 300 Chinese cities recently released a declaration promising to make more credit available for consumer spending, part of efforts to find new sources of economic growth and reduce dependence on heavy industry and state-driven infrastructure investment.

But as the country strives to make more credit available to individuals, it is facing a surge in household debt, which is estimated to have reached around 50 percent of gross domestic product last year.

As regulators try to establish a reliable nationwide credit rating system, authorities across the country are also exploring new ways to crack down on those who do not pay their debts.

One court in Jiangsu Province has drawn up a blacklist of defaulters.

Anyone who telephones an individual on the blacklist will first be forced to listen to a pre-recorded message saying “please urge this person to fulfil their legal obligations.”

Xinhua said Wuhan has also launched a series of crackdowns on debt defaulters, and has detained 186 people in the first half of the year.




 

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