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Foreclosures in China Soar, Threatening to Choke Off Bank Profits

When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.

Keith Bradsher
Author: Keith Bradsher

Written by

Keith Bradsher

in

China, Economic Conditions and Trends, Foreclosures, Mortgages, Qingdao (China), Real Estate and Housing (Residential)
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