A year ago, Du Yuwei's trading company was short on funds, so she borrowed 1.1 million from Yang Biao, a local real estate development company owner, agreeing to a monthly interest rate of ten percent.
However, what Du Yuwei had not anticipated was that because her company was not performing well, she was two months late in repaying the 1.1 million, and it turned into 2.1 million.
Du Yuwei had only prepared 1.6 million to repay this amount but still owed 600,000. Du Yuwei's company wasn't large, so she had to defer the 600,000 for two months.
But after two months when Du Yuwei went to repay this 600,000, the other party calculated the total principal and interest to be 1.7 million.
Du Yuwei argued with them but unexpectedly got beaten by them and threatened that if she didn't repay the 1.7 million within ten days, her life would be in danger.
