China’s Shoe Capital Wenzhou Is Ruined! No Orders, Widespread Bankruptcy, Bosses Flee Overnight
China’s Shoe Capital Wenzhou Is Ruined! No Orders, Widespread Bankruptcy, Bosses Flee Overnight
Udumbara
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This footage shows a shoe factory in Wenzhou, China. The factory owner, burdened by ongoing losses and heavy debts, eventually couldn't hold on and fled, leaving a large number of workers without any way to claim their wages.
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