As China's real estate sector collapses under massive debt, the closely connected financial industry faces an unprecedented crisis, marked by waves of layoffs, salary cuts, and wage return demands. Bank revenues continue to decline, and news of 40 small and medium-sized banks closing within a week has made headlines. #chinaobserver All rights reserved. ⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news ⭐For business cooperation, please contact us: [email protected]
