China stiffens prepaid deal protections

08/05/2025 22 min
China stiffens prepaid deal protections

Listen "China stiffens prepaid deal protections"

Episode Synopsis

Gym memberships that vanish overnight? Salons that disappear with your cash? China's Supreme Court just slammed the door on prepaid scams. Starting May 1, tough new rules ban businesses from ghosting customers or skirting refunds—marking the end of an era for shady operators. / Gen Z ditching traditional pet names (17:18). On the show: Steve Hatherly, Niu Honglin & Ding Heng