Trans-Pacific View

Why the US and China Should Work Together to Solve the Global Scam Crisis

Recent Features

Trans-Pacific View | Security | East Asia

Why the US and China Should Work Together to Solve the Global Scam Crisis

Both nations have a shared interest in cracking down on online “pig butchering schemes.” It could show that the two nations can still work together for mutual benefit.

Why the US and China Should Work Together to Solve the Global Scam Crisis

A publicity still from the Chinese film “No More Bets,” which details the workings of a cyberscam operation in Southeast Asia.

Credit: IMDB

The rise of cyber-scam syndicates in Southeast Asia constitutes a global crisis. CNN and The New York Times recently ran exposés on these operations, which extract billions of dollars from victims across the world, often through cryptocurrency. One type of cyber-scam, the “pig butchering scam” – shazhupan in Mandarin Chinese – involves the grooming of victims over months, a process akin to the fattening up of a pig for slaughter. Their perpetrators lurk in dating apps and social media, often weaving romance and gambling psychology into their modus operandi.

While existing writings focus on the role of the nature of these operations and China’s recent crackdowns, we argue that the U.S. and China, as the world’s two great powers, should come together in combatting these transnational criminal organizations. In working together, they will have greater effectiveness than they would working separately.

[...]