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cover of episode How China’s bank scandal and mortgage boycott have Beijing scrambling to respond

How China’s bank scandal and mortgage boycott have Beijing scrambling to respond

2022/7/21
logo of podcast Inside China

Inside China

Shownotes Transcript

Post journalist Holly Chik and Beijing-based reporter Amanda Lee look into the Henan bank scandal where savings accounts were frozen and a subsequent protest was violently quashed; business desk reporter Pearl Liu unpacks the growing number of people across China with mortgages suspending payments on unfinished flats as more property developers slide into default, and how Beijing is trying to defuse a ticking timebomb of debt.