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RE: LeoThread 2025-05-04 13:03

in LeoFinance5 months ago

Part 5/11:

Additionally, the collapse of the real estate bubble has sounded alarms reminiscent of the financial crisis of 2008. As construction and infrastructure projects stagnate, Chinese banks face a growing risk due to rising loan defaults. The rampant cancellations of orders from overseas are swiftly accumulating liabilities for manufacturers, forcing them to operate on slim—or non-existent—profit margins.

Social Consequences and Unemployment Crisis