"Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus pandemic, highlighting the depth of the country’s economic downturn and the obstacles to a full recovery,” the Financial Times reports.

  • 👍Maximum Derek👍
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    fedilink
    English
    47 months ago

    When there was a mortgage boycott The State’s answer was a long mortgage holiday. I wonder if they’ll do that again.

    • @Wrench
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      37 months ago

      Mortgage holiday?? Can we switch Columbus Day with mortgage free parking?