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Banking Crisis in China Hits Hong Kong, Foreclosures up for 3 Mos, Surpassing Financial Crash Levels

Published: 06 September 2024
on channel: China Observer
118,392
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The rows of closed shops on the streets of Hong Kong tell a bleak story. This once-bustling economic hub is now visibly declining. Before the pandemic, these commercial areas were packed with people. Now, only a few passersby remain, and the former hustle and bustle is gone.
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