China Has 8.3M People Who Can't Repay Their Debts: Here Are The Shocking Ways They Are Punished
International Business Times UK -

Since the pandemic, the second-largest economy in the world, China, has been facing a prolonged market slump and a real estate crisis which have thwarted its attempts at a robust economic rebound. However, while China navigates dynamic geopolitical landscapes, many of its citizens in debt face various limitations in their day-to-day activities.According to The New York Times Journal, blacklisted from social services are 8.3 million people who struggle to repay their debts. These debtors have...

Related Articles

Latest in News

More from International Business Times UK | Finance & Banking cash money finance personal finance business debt credit card loan loan china economy Chinese Economy surveillance monitoring laws Finance China