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 (US$3mil or RM13.15mil) she owed.

Chen Jinying, 92, started a down jacket factory in Lishui, Zhejiang province, eastern China, in 1983 after she retired from a career as a doctor working in mainland hospitals, Jimu News reported.