Billionaire’s son is the latest target of China’s social credit system

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High-profile Chinese businessman is on the brink of becoming a social outcast and being banned from his lavish spending habits by the courts if he doesn't pay back $21.5 million debt.

Wang is still one step away from being discredited but is already banned from taking flights, staying at five-star hotels, going to golf clubs, visiting nightclubs, or taking vacations, by order of the court.

Wang’s predicament stemmed from a financial dispute, caused by the bankruptcy of his online game live streaming company Panda TV earlier this year, which landed him a lawsuit. As China’s most famous and outspoken “second generation” rich person, Wang has around 44 million fans on Weibo, China’s equivalent of Twitter. But for the past six months, he hasn’t posted any content.

 

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That's beautiful

Thank you, President Xi

I fucking love this

You made my day.

oh no!

well done china

good news

Good.

Oh no someone pls save him

good

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China sounds like a bad episode from Black Mirror! Scary

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