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A mortgage boycott by thousands of Chinese citizens has created a spiral of alarm for the authorities in a country that only tolerates rejection in two deuces and uses property as its economic engine.
It was written in 590 words written by buyers of a Dynasty residence building in Jingdezhen, Jiangxi province, who asked the Evergrande Group to complete houses they had paid for for years. If construction resumes before October 20, all mortgage buyers with outstanding bonds will pay without paying.
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