Chinese consumers taking on more debt
Home mortgages represent a majority of China's new household loans by value, adding to a surge in real estate prices
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Qiqihar, China
OVER the past eight years, to the world's growing alarm, China's big state-owned companies and powerful local governments have borrowed trillions of dollars to get what they want.
Now, it's Li Jing's turn.
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