←All episodes
Drum Tower| China
Will China’s crackdown on scammers work?
Our weekly podcast on China. This week, we examine the Communist Party’s efforts to tackle the multi-billion dollar industry of online scams
A booming $500 billion industry is thriving in the shadows. Online scams have become as pervasive and lucrative as the global drugs trade. But fraudsters first honed their tactics in China on local victims before expanding their operations worldwide. The Chinese government has been cracking down on scam groups—but will its anti-fraud efforts be enough?
Ted Plafker, The Economist’s China correspondent, and Sue-Lin Wong, our Asia correspondent and host of our eight-part podcast series Scam Inc, ask: what is the Communist Party doing to stop scammers?