Red Ponzi Update: Chinese Households Racking Up Debt On An Epic Scale

Chinese families with their long tradition of saving money are now accumulating debt at a rate never been seen before, according to data compiled by a state-backed think tank in Beijing.

 

 

 

http://www.scmp.com/news/china/economy/article/2139535/chinese-households-racking-debt-rate-never-seen

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