110 Million People Cry in Panic—Bankrupt and Homeless as China’s Economy Countdown Begins

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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