Chinese are smart buying in bulk or forward saving tons of money

syed putra

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Chinese man spends US$120,000 on 300-year gym membership, seeks refund; owner vanishes​

Scammed fitness fanatic says money spent was an ‘investment in health’, admits he was taken in by sales staff spiel​

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https://www.scmp.com/policies-and-standards#participation
A man in China spent US$120,000 on 300-years-worth of gym memberships and coaching lessons, then discovered that the outlet’s management had disappeared with his money. Photo: SCMP composite/Shutterstock/Sina

Alice Yanin Shanghai
Published: 9:00am, 12 Aug 2025Updated: 10:41am, 15 Aug 2025

A man in eastern China has sued a gym after he paid it more than 870,000 yuan (US$120,000) for memberships lasting 300 years before the management fled with his cash.

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The man, known as Jin, has also sought the help of a television station to expose the Ranyan Gym in Hangzhou, Zhejiang province.
 

Chinese man spends US$120,000 on 300-year gym membership, seeks refund; owner vanishes​

Scammed fitness fanatic says money spent was an ‘investment in health’, admits he was taken in by sales staff spiel​

Reading Time:2 minutes

https://www.scmp.com/policies-and-standards#participation
A man in China spent US$120,000 on 300-years-worth of gym memberships and coaching lessons, then discovered that the outlet’s management had disappeared with his money. Photo: SCMP composite/Shutterstock/Sina

Alice Yanin Shanghai
Published: 9:00am, 12 Aug 2025Updated: 10:41am, 15 Aug 2025

A man in eastern China has sued a gym after he paid it more than 870,000 yuan (US$120,000) for memberships lasting 300 years before the management fled with his cash.

Advertisement

The man, known as Jin, has also sought the help of a television station to expose the Ranyan Gym in Hangzhou, Zhejiang province.
Just a way to say…he used to be part of the Gang but was outcasted in last moment to becum the bag holders like coolie genes
 
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