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The Crisis of Coercion

Summary by Damage
Life has been hard on Luo Yunghao since his tech startup began to flounder in 2017. After “Smartisan” declared bankruptcy, he was hounded by creditors, forced to personally cover his company’s debts, and blacklisted by the state. These actions were followed by complete ostracism—Yunghao could no longer take a train, fly, or otherwise travel outside of China. To crawl out of insolvency, he began hawking his defunct company’s wares on streaming ch…
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Damage broke the news in on Monday, June 16, 2025.
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