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Chinese People Are Known to Be Big Savers. Many Are Drowning in Debt.

As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals.

Li Yuan
Author: Li Yuan

Written by

Li Yuan

in

China, Consumer Behavior, Credit and Debt, Debt Collection, Economic Conditions and Trends, Personal Bankruptcies, Personal Finances
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