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