Why can't Ningde people get a loan?
Mainly, there are many people in Ningde Zhouning who are doing steel business in Shanghai. When the business was good a few years ago, they concentrated in Shanghai to make steel, and they were good targets for bank lending, with good reputation and easy loans. The low steel price in the past two years has caused many banks to have bad debts in this respect, which makes the banking system distrust Fujian, especially Ningde people.