China’s $300 billion pile of bad consumer debt threatens economy

🇨🇳 The Japan Times (CN) —

AI Summary

China faces a significant consumer debt crisis with as much as 10.6% of its adult population behind on debt payments by the end of 2025. This $300 billion pile of bad debt threatens to destabilize the country's economic growth.

As much as 10.6% of China's 1.1 billion adult population were behind on debt payments at the end of 2025.

World Markets China consumer debt economic risk debt payments financial crisis bad loans

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