You are here
Young Chinese in the red as easy credit spurs debt
WHEN Wu Qi and her husband traded in their Mazda 3 for a more expensive Mercedes Benz sedan, they applied for a 200,000 yuan (S$40,300) bank loan to help pay for it. They got the money within minutes.
Quick and easy access to credit has encouraged many young Chinese to go
- CALL +65 6388 3838
- EMAIL firstname.lastname@example.org