A Mortgage Payment Boycott Fuels the Implosion of China's Property Bubble

A Mortgage Payment Boycott Fuels the Implosion of China’s Property Bubble

SGT Report - 2022-08-11 - Original post - Cached copy

by Mish Shedlock, Mish Talk: A senior Chinese banker chimes in on peculiar mortgages in China and a growing revolt on payments. In an article translated by Pekingnology, a Senior Chinese Banker chimes in on China’s Mortgage Boycotts. The mortgage boycott, revolt, strike, or crisis is not a small deal. Wang Yongli, former deputy governor of […]

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