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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 4/10:

What struck the author was discovering that even individuals in high positions—such as a party secretary of the state-owned enterprise—were facing similar predicaments, grappling with creditors. This newfound realization shattered the illusion that high-ranking officials were immune to financial strife. It mirrored a disturbing economic trend revealing that even Shanghai, once viewed as an unshakeable financial citadel, is vulnerable to downturns.