China businesswoman sells lotus roots to repay US$700,000 debt after living lavishly

A businesswoman from central China who once lived a life of luxury is rebuilding her future by digging up and selling lotus roots to repay five million yuan (US$700,000) of debt.

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According to the mainland media outlet, Changjiang Daily, 44-year-old Hu Qin from Hunan province and her husband launched a fruit business in 2012 that grew to have more than 30 shops nationwide.

At its peak, Hu’s assets reportedly topped 10 million yuan (US$1.4 million).

Businesswoman Hu Qin gets down to some hard physical labour in a lotus pond. Photo: Baidu
Businesswoman Hu Qin gets down to some hard physical labour in a lotus pond. Photo: Baidu

The couple lived in a villa by the Xiang River, employed a driver, several housekeepers and travelled frequently.

In 2019, poor management caused Hu’s cash flow to collapse, forcing her fruit business into bankruptcy and leaving her five million yuan in debt.

She sold their luxury home, and the couple travelled around the country, renting short-term places to stay and selling farm goods to get by.

Hu photographed at work with her husband, who developed severe back pain from working in the lotus ponds. Photo: Baidu
Hu photographed at work with her husband, who developed severe back pain from working in the lotus ponds. Photo: Baidu

A friend pointed them to Wuhan in Hubei province, where they tasted the local pork lotus root soup.

  

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