Planet China

Cutting a deal

There’s an English expression about being ‘cut out of the will’ or disinherited. According to NetEase News, a man in Anshan in Liaoning province has found out quite literally what that is like.

His 85 year-old dad had sold his home for Rmb200,000 and moved in with his son and daughter-in-law. But the father warned his son that he shouldn’t be expecting any money from the home sale. The spooked heir went to look at the shoebox where his father kept his cash and discovered that the old man had cut Rmb140,000 of notes into thousands of pieces. “It was indescribably heart-wrenching,” he told NetEase. But he took a patient approach to restoring his inheritance, spending the next three months piecing the notes back together. Earlier this month he had managed to salvage notes worth Rmb108,000 and – after some bureaucratic difficulties – he has convinced the bank to accept them, alongside the Rmb60,000 that had escaped his father’s scissors. “If I let my father keep the money, I’m afraid he’ll cut it up again,” he admitted.


© ChinTell Ltd. All rights reserved.

Exclusively sponsored by HSBC.

The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.