• 11/11/2024

China’s household debt creeps upward, approaching warning line of International Monetary Fund

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Excessive levels of indebtedness and slow income growth among Chinese residents are constraining consumption, but for now China’s Politburo is relying more on domestic demand to fuel national growth.

https://www.scmp.com/economy/china-economy/article/3229755/chinas-household-debt-creeps-upward-approaching-warning-line-international-monetary-fund?utm_source=rss_feed