China stiffens prepaid deal protections

中国加强预付费交易保护措施

Round Table China

社会与文化

2025-05-08

22 分钟
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单集简介 ...

Gym memberships that vanish overnight? Salons that disappear with your cash? China's Supreme Court just slammed the door on prepaid scams. Starting May 1, tough new rules ban businesses from ghosting customers or skirting refunds—marking the end of an era for shady operators. / Gen Z ditching traditional pet names (17:18). On the show: Steve Hatherly, Niu Honglin & Ding Heng
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单集文稿 ...

  • discussion keeps the world turning this is round table You're listening to Roundtable.

  • My name is Steve.

  • And today I'm together with Ding Heng and Niu Honglin.

  • Coming up,

  • can you imagine getting a gym membership and that membership disappears before you even get a chance to blast your quads?

  • What about a salon that disappeared before you had a chance to get your nails done?

  • I'm making jokes, but I shouldn't because it's a serious issue.

  • And China's Supreme Court has just dropped the hammer.

  • Starting May 1st, new rules ban these prepaid scams.

  • So no more ghosting customers or dodging refunds.

  • Consider this the end of an era for unsafe business practices.

  • After that, do you call your spouse or your loved one honey?

  • Well, guess what?

  • You're old.

  • At least Gen Z thinks you're cringe.

  • The classics like sweetheart and darling.

  • Those are now relics replaced by pookie.

  • What is that?

  • Whether it's a rebellion against mushiness.

  • or just the internet rotting our brains, one thing is definitely clear.