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China’s Shoe Capital Wenzhou Is Ruined! No Orders, Widespread Bankruptcy, Bosses Flee Overnight

Published: 06 September 2024
on channel: China Observer
192,064
3.3k

This footage shows a shoe factory in Wenzhou, China. The factory owner, burdened by ongoing losses and heavy debts, eventually couldn't hold on and fled, leaving a large number of workers without any way to claim their wages.
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