China's mortgage protests: Why people are refusing to pay their loans - Business Insider

There are fears the mortgage boycotts could worsen an existing cash crunch in the real-estate sector and spill over into the global economy.

China's property market is under duress. Property construction in China has slowed over the last two years for reasons including COVID-19 movement restrictions and a cash crunch that constrained the… [+6223 chars]

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