The assets of defaulted institutions are now being auctioned until 29 February; real estate, luxury cars, brand name bags and watches, and even factory land. Full story (in Chinese) via this link; read the absolute essentials about Jiangsu via this link.
![The Nanjinger - ¥900 Million Worth of Stuff up for Grabs in Jiangsu Court Auction Festival! The Nanjinger - ¥900 Million Worth of Stuff up for Grabs in Jiangsu Court Auction Festival!](https://i0.wp.com/www.thenanjinger.com/wp-content/uploads/2024/01/The-Nanjinger-¥900-Million-Worth-of-Stuff-up-for-Grabs-in-Jiangsu-Court-Auction-Festival.jpg?resize=696%2C417&ssl=1)