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If you owe the bank10 million, go abroad and join a foreign nationality, will the bank get the money back?
I think it will. But there will be some judicial procedures. China police will ask Interpol to intervene in the economic investigation. Although the whole process is complicated, it will be recovered. And for the current national conditions, it is very difficult to do so. Because once you are identified as Lao Lai, you are restricted to take trains and planes, not to mention going abroad to change your nationality.