Like its apps in India, China has turned world’s loan mafia

Quick-lending apps run by Chinese nationals have become notorious in India for offering small loans and getting access to the phone data of the borrower. The loans soon become a big headache as the lenders start blackmailing borrowers by morphing their photos they had taken access to.

These app owners are following their government which advances to small countries the loans that later start weighing down the whole economy of a country. China is considered the world’s biggest and most unforgiving government lender.