I have no idea. I tried googling this but didn’t find any information.

Looking it up, the answer is no- debt collection, at least in the shady form it takes in the west, is illegal in China. Whatever debts are demanded due have to be presented by a lawyer to courts.

If you ask me, that’s a good thing- just as the credit industry should not exist in the form it does (and China has prevented their country from being flooded by cheap consumer credit), debt collectors also should not be allowed to exist, certainly not in any way akin to how they do in the west.

It may sound bloodthirsty but if it were up to me? Such predators who target the working class in particular, and with such notoriously corrupt and coercive, often illegal means, should be sent for re-education- the repeat offenders, lined up and shot, and that is the generous treatment for them- as I certainly am also a believer in that there is a considerable value and importance in the societal concept and expectations of justice, if I had such power I would even publicly flay them if they were abhorrent enough, or have them handled by the mob. Because if worst comes to worst, medieval problems certainly can and do call for medieval solutions. Those who inflict cruelty have no place to complain when it is turned back upon them, and that satisfaction is something politically relevant, and I’d argue- psychologically necessary, for the individual and for society, to some large degree.

maybe the real question is if the banks would even know were the person was and if those debt collection agencies would have any legal backing for that debt in China.

In all likelihood, the consequences of not paying your debt will only apply in the country where you incurred that debt. Realistically, INTERPOL’s not coming after you because you didn’t pay off your credit cards.

You could “get away with it,” in a sense. There are limits to what creditors will do to recover their money. They may file a lawsuit against you and try to get whatever they can out of your assets in the United States. But they’re not going to chase you abroad. If they do try, that will mean to waste way too much money and that will defeat the purpose of being in that debt collection industry for a profit.

There was a similar question being discussed here -> https://lemmygrad.ml/comment/4185356

I will quote the comrade as a quick TLDR:

100K debt to the american gov’t only matters if you ever plan to use credit in America. Paying off these people’s debt just allows them to return to America and use their education to buy a house in America, get a job in America, and support the American empire.

Also it’s especially funny if the reason they can’t return is entirely because America decided to saddle the very people they need to function with undischargable debt they have no hope of paying back.