China’s consumer spending push faces major challenge – debt-averse households
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Source: South China Morning Post
Published: 2026-01-28 00:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Economy & Finance, China, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
Beijing has renewed its focus on boosting domestic demand in recent months, but households are cutting debt at fastest pace in years
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