China's Credit System Collapses: 80% Show Bad Credit, Banks Squeeze the Public Dry
China's Credit System Collapses: 80% Show Bad Credit, Banks Squeeze the Public Dr
Udumbara
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Entrepreneurs and office workers in Hefei are facing a collective credit crisis. You could be the next victim. The numbers are heartbreaking. Nine out of ten entrepreneurs and office workers in Hefei are in credit trouble. Small business owners are seeing their credit cards completely blocked, and office workers are struggling with mortgage payments. This is not an exaggeration.
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