Black Swan Meets Gray Rhino in China—110M With No Way Out as Social Tensions Ignite
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Recently, overdue debt has become a hot topic, and independent social media channels on Chinese platforms are competing to report on it. According to them, the total number of people in debt in China is currently between 800 million and 900 million, and the number of people with past-due debts has reached 110 million to 300 million, far exceeding official statistics.
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