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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

Published Mon, Sep 25, 2017 · 09:50 PM

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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