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503 views • July 20, 2022

Mortgage Boycott Threatens China’s Economic Stability

NTD News
NTD News
The list of Chinese homebuyers refusing to pay their mortgages is growing. It's gotten so severe that experts are calling it a threat to the country's financial system. Chinese authorities held an urgent meeting with banks to discuss the situation. But for now, many are left wondering if it's already on a collision course.
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