What has happened to the Chinese economy: 26 million defaulters? #shorts

Did you know there are about 26 million people in China who have defaulted? That means every year, there is an addition of 5 million people who cannot pay their debts. Courts across China are arresting these defaulters on a large scale.  Show the real footage here: 

Some of them are business owners who have closed their businesses due to the poor economy and are unable to repay loans. Many had coped their financial obligations by juggling with multiple credit cards.

Watch my full livestream:
https://www.youtube.com/live/U_EBNa4Aq6k?feature=share

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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:

https://youtu.be/w51pCJL8uh8

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