Cemetery in China forced to bury controversial mortgages-for-graves plan after media backlash

Source: South China Morning PostA cemetery in China found itself in hot water after touting a mortgage plan for buying a burial plot, amid concerns about unethical funeral cost mark-ups. The Kunming Jinlong Ruyi Park in the southwestern province of Yunnan revealed on Tuesday a plan to partner with a local bank to offer 10-year mortgages for graves that would covers costs up to 200,000 yuan (US$30,000). The news quickly generated an avalanche of criticism. Several state media outlets published op-eds that decried the practice…Read More

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