You are here

Surging home loans in China raise alarm over household debt

Beijing

CHINESE household debt has risen at an "alarming" pace as property values have soared, analysts say, raising the risk that a real estate downturn could send shock waves through the world's second largest economy.

Loose credit and changing habits have rapidly transformed the

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom