Unexpected Visits: an Old Method for Credit Recovery

In China, it is not unusual for companies to receive unexpected visits when Chinese New Year approaches.

Last year, for example, a couple of weeks before Chinese New Year, a foreign-invested company located in a Shanghai industrial park happened to receive a visit from a dozen people.

Wondering why these visitors had shown up on his doorstep, the company manager realized that they wanted him to settle an outstanding bill for certain renovation work. In fact, their employer told them that their outstanding salaries and year-end bonuses could not be paid because of this foreign-invested customer.

Continue reading