China Is a Nation of 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. [Source]
Publication Date:Origin: nytimes.com
Category: China
Topics: spirals, falling, young, especially, borrowers, Chinese, millions, economy, stimulate, lending, consumer, pushes, Beijing, Drowning, Savers, Nation, China
Source: https://www.nytimes.com/2025/08/06/business/china-consumer-debt.html