China Has 8.3M People Who Can't Repay Their Debts: Here Are The Shocking Ways They Are Punished


by International Business Times UK

International Business Times UK— Since the pandemic, the second-largest economy in the world, China, has been facing a prolonged market slump and a real estate crisis which have thwarted its attempts at a robust economic rebound. However, while China navigates dynamic geopolitical landscapes, many of its citizens in debt face various limitations in their day-to-day activities.According to The New York Times Journal, blacklisted from social services are 8.3 million people who struggle to repay their debts. These debtors have...

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