Newlyweds embrace at a collective wedding ceremony in China. A change to the legal definition of joint marital liability, which takes effect on Thursday, is designed to protect spouses from their prodigal partners. Photo: EPA-EFE
In China, your spouse’s secret debts can no longer drag you down
Husbands and wives will be held responsible for partners’ borrowing only if they signed initial paperwork or gave formal consent
Newlyweds embrace at a collective wedding ceremony in China. A change to the legal definition of joint marital liability, which takes effect on Thursday, is designed to protect spouses from their prodigal partners. Photo: EPA-EFE
