China Is a Nation of Savers. Many Are Drowning in Debt.
https://www.nytimes.com/2025/08/06/business/china-consumer-debt.html
As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals.
https://www.nytimes.com/2025/08/06/business/china-consumer-debt.html
As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals.