Shenzhen’s White-Collar Workers in Tears: Mass Unemployment and Mortgage Defaults
The video shows a woman from Shenzhen sobbing uncontrollably. Her story is heartbreaking—she defaulted on her mortgage, lost her home, and now owes the bank a significant amount of money.
Bank industry employees dropped 60,000, executives have resigned, a financial crisis may break out
China's financial industry has been in constant turmoil recently, especially with the news of the collective resignations of executives of listed companies, shocking the entire industry. Since …
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