World's Largest Wholesale Market Now a Ghost Town – Shocking Scenes from Yiwu

"Countless Yiwu bosses are drowning under pressure, forced to just lie down and give up. Honestly, though the barrier to start a private business in Yiwu isn’t high, growing it big and strong is nearly impossible. Most private business owners here are buried in crushing debt, trapped in the endless cycle of loan repayments. Just look at the loan data from major Yiwu banks — the debt numbers are staggering
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