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[–]DevilsAdvocate 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

It sounds like a very harsh system for the millions caught up in it. I take it that there is no bankruptcy in China?

On another note, the news site is the Chinese scmp.com. Strangely, it was running a banner ad for the Australian St George bank. WTF? I reloaded the page and there was an ad for Australian company Officeworks and BT (Banker's Trust). Why does a Chinese state-owned news site run advertising? Is it to gain influence with google by spending money with them?