Severe economic crises have emerged in many parts of the country. Due to wage cuts, layoffs, and business losses, some residents in places like Chengdu are unable to repay bank loans even after selling their houses and cars, plunging them into a predicament of mortgage defaults.
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胡力任《真實中國》
2026-09-23 05:56 · 胡力任《真實中國》 发布了新视频:習近平黃岩島撤兵事件暴露出其已進入極度恐慌期,同時再次證明臺灣崛起指日可待。《真實中國》
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This event
A Wave of Mortgage Defaults and Corporate Bankruptcies Emerges in Chengdu and Other Places
2026.06.01 · Reported
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