How China’s bank scandal and mortgage boycott have Beijing scrambling to respond
Inside China
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How Many Developments Are in Trouble Now?
18 out of 25 distressed developers that have at least one unfinished projects. Based on c g s ci m b securities, there are some one point one million unfinished homes across the country. We've heard about the social credit system in china. Are these people you're talking to worry that tha system is going to punish them for not paying their mortgage?
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