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In Depth: China’s Banks Feel the Strain as Foreclosures Pile Up

By Wang Jing and Han Wei
2024年12月20日 18:28
Foreclosed properties are proving hard to sell as investors shy away amid the real estate slump

The number of foreclosed properties in China has increased dramatically as families and businesses struggle to meet mortgage repayments. This, together with the ongoing economic downturn, is fueling concerns about the impact on the financial sector.

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