Death of 'Big Winner in Life' Shocks China: How Far Has Its Real Estate Market Collapsed?
The tragic suicide of a promising woman, who bought a home in an upscale area in Shanghai amid a declining real estate market, has sent shockwaves across China.
Recently, the suicide of a beautiful young woman in China, a "big winner in life," and an employee of the country's top investment firm triggered a huge shock on the internet. While people heatedly discussed why she would take her own life, a harsh question must be asked: How far has China's real estate collapse progressed?
The woman's name was Zheng Wenlu. She was born in 1994 and was just 30 years old. Her life trajectory can be described as a model of success that many people aspire to.
Winner in Life to Tragic Fall: The Distance is Only Two Pay Cuts
When Zheng graduated from high school, her outstanding academic performance allowed her to be directly admitted to Zhejiang University, China's fourth-ranked university. She didn't need to take the college entrance examination.
During her university years, she interned at the University of California, Los Angeles (UCLA). After graduating, she was directly admitted to graduate school, where she received numerous prestigious scholarships. These included the First-Class Outstanding Student Scholarship and the Dean's Scholarship.
Upon completing her graduate studies, she joined China International Capital Corporation(CICC). It is the largest and most renowned investment firm in China. There, she obtained an enviable securities business qualification.
Zheng frequently shared her experiences of traveling around the world on social media. She once won the Impact Scholarship, allowing her to study, work, and travel simultaneously on a ship, beating out many competitors.
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