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Jul 22, 2009, 5:32 GMT

Creditors lay siege to failed-factory boss at China police station

Hong Kong - A former factory boss whose business collapsed last year is under siege at a southern Chinese police station from creditors who claim she owes more than 1 million yuan (147,000 dollars), a Hong Kong newspaper reported Wednesday. The stranded woman, identified only by her surname Tso, said a group of creditors surrounded her car July 14 as she tried to drive away from her home in Shenzhen, a city that borders Hong Kong, the South China Morning Post said. She called police who took her to a local police station where she has remained for more than a week after creditors besieged it. 'I haven't been able to go out since then,' she was quoted as saying, adding that she had been sleeping on the floor of a changing room. Police had not intervened because they regard the dispute as a commercial one. Tso admitted that she and her husband owed money after their printing and dyeing factory in Dongguan, 80 kilometres north-west of Shenzhen, went out of business in June last year. She said the factory had been confiscated by a court and its assets were to be auctioned, after which the debts would be paid.

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