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Millennials changing the way China thinks about money
Those aged 18 to 35 embrace debt like never before, driving up the country's household lending
Add BT as a preferred sourcePublished Mon, Dec 12, 2016 · 09:50 PM
Shanghai
MA Yiqing, 24, is typical of China's younger generation - he uses his credit card frequently and borrows from online platforms to fund his shopping habits. In a pinch, he is happy to fall back on a lender closer to home - his mum and dad.
Interviews with Mr Ma (a single-child), his mother and grandmother show how rapidly attitudes towards credit are changing as the millennials' generation - roughly those aged between 18 and 35 - embraces debt like never before.
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