Chinese authorities are now addicted to traffic fines
What that tells you about the country’s economic woes
Ma Yijiayi was locked up in November. She did not stand in a square demanding political rights. Nor did she steal from state coffers. Instead, her crime was to ask a deadbeat debtor to pay her back. The local government in Liupanshui, a city in the province of Guizhou, owes Ms Ma, who is a contractor, 220m yuan ($30m) for building schools. Officials had offered her a mere 12m yuan. She refused.
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This article appeared in the Finance & economics section of the print edition under the headline “Put the brakes on”
Finance & economics April 27th 2024
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