China’s $300 billion pile of bad consumer debt threatens economy
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Source: The Japan Times
Published: 2026-06-18 12:12 UTC+10:00
Section: BUSINESS
Factuality Score: 95
Opinion Category: Neutral
Topics: Business, Asia, Economy & Finance, China, Tax & Budget, World News, Business & Economy, Asia Pacific
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Snippet:
As many as 100 million Chinese consumers are struggling to service their personal debt, fueling a largely hidden crisis that threatens Beijing’s efforts to revive the world’s second-largest economy.
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