Chinese court’s WeChat adverts offer cash to snitch on your indebted friends and relatives

The move by Jianggan district court in the city of Hangzhou, Zhejiang province, is the latest tactic aimed at 'laolai' – a derogatory term for people who fail to repay debts. — SCMP

A court in eastern China has found a new way to target local debtors: sending advertisements to their friends and family on WeChat, offering them money for telling the court about new debts and for pressuring the person to pay up.

The move by Jianggan district court in the city of Hangzhou, Zhejiang province, is the latest tactic aimed at laolai – a derogatory term for people who fail to repay debts – as China develops its social credit scheme.