[shaobo]

> You shouldn't let financial institutions using this kind of coercion at will.

This is done by local courts, not the financial institutions.

And if you read related article on this kind of name and shame tactic, you find that it is designed for debtors who are capable of repaying their debts but choose to defy court orders. Hence the travel restrictions are for flights and high-speed trains, and not regular trains or other public transports.

from http://uk.businessinsider.com/chinas-tax-blacklist-shames-de...

"Restrictions are placed on "high-expenditure consumption" and "consumption not necessary to sustain normal life or businesses" for individual defaulters as well as the legal representatives and CEOs of companies that default."

[Animats]

Now that could work. White-collar offenders in the US could be placed on the "no-fly list", and denied landing rights for private jets. They could still drive, take trains, or go by ship.

[DaggerDagger]

Surprisingly progressive. This is because they don't have debtors prison?