China’s Biggest Gold Hub Collapses! $2 Billion Vanishes, 100,000 Lose Everything Overnight
China’s Biggest Gold Hub Collapses! $2 Billion Vanishes, 100,000 Lose Everything Overnight
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Amid the soaring international gold prices, Shenzhen's Shuibei International Jewelry Trading Center, China's largest gold and jewelry industry base, has seen frequent incidents of business collapses and people fleeing. In late January, the private gold trading platform “Jie Wo Rui” faced a collapse, leading to chaos on the scene.
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