Chinese social media hails ‘honest grandma’ for refusing to declare bankruptcy

A nonagenarian in China has been dubbed the “honest grandma” on mainland social media for refusing to declare bankruptcy and insisting on repaying 20.77mil yuan she owed.

“It shouldn’t be like this. A person owing others’ money must pay it back. I must repay them,” Chen said. Chen’s neighbour, surnamed Ye, in her 60s, has been working at the store for the last five years and is the only employee there. At the end of last year, Chen donated 1,000 pairs of down trousers to people in poor rural areas. “The public is so kind to me, so I should make my contributions to society,” she said.

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