Protesters lie on the ground in Beijing on July 24 after police closed a road leading to a rally of people involved in Shanxinhuia, a suspected pyramid sales scheme. Photo: Kyodo

The perils of pyramid schemes: a dark corner of China’s economic miracle

Underground get-rich-quick scams that prey on wide swathe of population pose a risk too big for Beijing to ignore

Topic |   China's ponzi scheme

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Protesters lie on the ground in Beijing on July 24 after police closed a road leading to a rally of people involved in Shanxinhuia, a suspected pyramid sales scheme. Photo: Kyodo
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