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Criminal Law of the People's Republic of China

Article 224. Whoever, for the purpose of illegal possession, uses one of the following means during signing or executing a contract to obtain property and goods of the opposite party by fraud, and when the amount of money is relatively large, is to be sentenced to not more than three years of fixed-term imprisonment, criminal detention, and may in addition or exclusively be sentenced to a fine; or be sentenced to not less than three years and not more than 10 years of fixed-term imprisonment and a fine, if the amount of money is huge or there are other serious circumstances; or be sentenced to more than 10 years of fixed-term imprisonment or life imprisonment and a fine or confiscation of property, if the amount of money is particularly huge or there are other particularly serious circumstances:

(1) sign a contract in the name of a made-up unit or under somebody else's name;
(2) use forged, altered, or invalid negotiable instruments or other false certificates of property rights as guaranties;

(3) fulfill small-amount contracts or partially fulfill the contract, instead of actually fulfilling the contract, to inveigle the opposite party into continuing to sign and fulfill the contract;

(4) go into hiding after receiving goods, payment, advance payment, or property as guaranty from the opposite party;

(5) defraud the opposite party's property through other means.
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