China’s Gold Jewelry Industry Collapses! 100K Investors, No Real Gold? Bosses Smash Stores or Flee

Nov 08, 2026 - 10:48
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Video shows a jewelry store owner standing on top of a glass display counter, smashing things inside the shop in frustration. The once carefully decorated store is reduced to wreckage. She has lost more than 6 million yuan (about 840,000 US dollars) this year. Years of hard work have been wiped out, pushing her to the edge of a breakdown.

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