China’s “Financial Tea” Fan Cha Crash

08/09/2024 According to China Observer, Fan Cha has collapsed. On August 3, Fan Cha announced bankruptcy and restructuring. Fan Cha was the most prominent and financially driven brand in the Chinese Pu'er tea market in recent years. However, some believe it was a pyramid scheme disguised as a tea business.
#FanCha #FinancialScam #TeaIndustry #InvestmentRisk #ChinaBusinessScandal #EconomicBubble

08/09/2024 据《中国观察家》报道，泛茶“金融茶”暴雷。8月3日，泛茶宣布破产重组。泛茶是近年来中国普洱茶市场中最引人注目、最具金融驱动力的品牌。然而，有人认为它实际上是一个披着茶叶生意外衣的传销骗局。
#泛茶 #金融诈骗 #传销 #投资风险 #中国商业丑闻 #经济泡沫