This is at least better than the revenge porn shaming scheme (“naked loan”) that went around a few years ago. <a href="https://medium.com/@arcbering/naked-loan-a-loan-for-porn-scheme-went-viral-in-china-e00b667a468c" rel="nofollow">https://medium.com/@arcbering/naked-loan-a-loan-for-porn-sch...</a> <a href="https://www.techdirt.com/articles/20161031/10125635924/chinese-innovation-nude-photo-loan-platform-adds-uber-style-debt-collectors-feature.shtml" rel="nofollow">https://www.techdirt.com/articles/20161031/10125635924/chine...</a> <a href="https://www.whatsonweibo.com/nude-pics-naked-loan-controversial-online-loaning-china/" rel="nofollow">https://www.whatsonweibo.com/nude-pics-naked-loan-controvers...</a>
Wow ... if you scroll down (on mobile) and keep reading the articles there, it’s just an endless list of “really bad stuff happening in China.” To the extent that I had to look up whether SCMP is some kind of American propaganda outfit. And ... from what I can tell it seems to be heavily influenced by the Chinese govt. Can someone with more insight offer a quick rundown of how SCMP fits into Chinese media?
The Master said: "If the people be led by laws, and uniformity sought to be given them by punishments, they will try to avoid the punishment, but have no sense of shame. If they be led by virtue, and uniformity sought to be given them by the rules of propriety, they will have the sense of shame, and moreover will become good."<p>- Analects of Confucius, book II
Shaming works.<p>In Ontario, Canada DUI offenders must install a Ignition Interlock Program. Which is basically a breathalyzer that the driver must blow in to start the car.<p>And if that is not shameful enough, there’s another shameful add-on: an red/amber light the offender must install on the front bumper, dead center. The light activates if you fail the the test after you were driving for a bit.<p>But the light doesn’t need to be turned on to shame. It’s very obvious that it’s there, even when it’s off.
Eventually it'll get to where Philip K Dick had it in Lies Inc, where a drone announcer will stalk you about, informing everyone around you of your current finances
I don't see how this is much different than the deadbeat dad billboards and public shaming that we use in the U.S. [1]<p>They get results: "the first billboards were so successful that another round of the roadside placards are being unveiled this week"<p>In the deadbeat dad cases the government is working for the best interests of children and women, but if you extrapolate this to a general law and order theme, then why not publicly shame all unrepentant debtors? [2]<p>[1] <a href="https://www.ohio.com/akron/news/billboards-helped-in-arrest-of-deadbeat-dads-walsh-says" rel="nofollow">https://www.ohio.com/akron/news/billboards-helped-in-arrest-...</a>
[2] <a href="https://www.cnn.com/2016/01/12/politics/deadbeat-dad-tweets-arizona/" rel="nofollow">https://www.cnn.com/2016/01/12/politics/deadbeat-dad-tweets-...</a>
I can see this triggering an inflection point in Chinese debt accumulation (if it hasn't happened already). Considering the insanely high debt to GDP ratio in China, it looks like they're in for a massive recession.
does anyone know what's the average or range of interest rates in China? Looks like banks are getting help from the state to collect. Help, well above and beyond traditional court /sheriff duties.
What a dystopia China is.....you can't say winnie the pooh. when you send a text message or post to wechat about winnie the pooh, it gets censored immediately. You have a deranged social credit score that prevents you from buying a house, riding a train, or leaving the country if you said winnie the pooh before. There are cameras tracking your every move in public. Most Chinese movies/tv shows you can watch have a 'china is great' and 'US/Japan is evil' motiv.<p>Oh and pollution is suffocating, there are days when you can barely see the sky, there are way too many people everywhere, ghost buildings and cities, you know the food and water are tainted, and your leader/dictator does look like winnie the pooh.