China’s Mortgage Protest Grows
As China's housing crisis deteriorates, people have stopped pay mortgages on their unbuilt homes. This is a huge problem for the CCP, because if the real estate sector goes south, the Party's legitimacy could be challenged. In this episode of China Uncensored, we look at what led to the crisis, how people are protesting, the government's response to the protests, and why it's unlikely to get better any time soon.
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