Chinese Debt Collection – It goes both ways

A few more good articles on collecting debt in China.  It looks like debt collection issues between the US and China is now a two way street.

Climbing mountains to collect debt
(from the China Daily News)
While US exporters in the manufacturing, technology, transportation, shipping and rail industries suffer the brunt of increases in debts, claims made on individual Chinese consumers – mainly students and tourists who have gone back to China – are also on the rise.
Full Article

Chinese producers face record number of debt defaulters abroad
(from the China Daily News)

Chinese manufacturers are generating large volumes of goods for shipments abroad, but are also facing increasingly huge amounts of defaulted payments from foreign buyers.
Full Article

Do you have your own stories about China.  Let us know.

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