201August 16 22:00 manuscript source: China news network font: ↑ large ↓ small.

Q: I hold a China passport and am a permanent resident of the UK. Due to economic reasons, I owe about 60,000 to 70,000 pounds in bank loans and credit cards. Now I want to go back to China and I won't pay back the money. Will the Bank of England pursue China, and will it affect my China property? Besides, I will return to England in two years. Will the customs pursue it?

A: You owe the bank 60,000-70,000 pounds, which is not a large sum for the bank, and you will not spend your energy looking for you in China. I found you. If you have no money, there's no way out. They may have to spend more than 70,000 pounds for this. You have money in China, and there is nothing they can do, which is beyond their jurisdiction. Unless it is a major case, and the property in China is part of this major case, the Bank of England will not give you any trouble. By the same token, if the amount is not too large, the bank will not want you through the court, and you will not have trouble entering or leaving the country. However, in order to abide by the law, it is best to put an end to all these things before returning to China, and declare bankruptcy if there is no money, so that the bank will not chase you again, lest you be on tenterhooks all day.