Shanghai’s Middle Class in Ruins; Even State Company Heads Bankrupt, Homes Drop from 400K to 50K!

I barely managed to lift my head out of the hell of the past year — and that’s no exaggeration. At the end of last year, I found myself caught up in a financial disaster in Shanghai: overdue payments, disappeared contacts, inability to repay debts — every creditor was knocking at my door.
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