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NEWS: People’s Bank of China wary of rising household debt – could damage economic recovery April 07, 2021 at 10:32PM


A PBOC research paper is highlighting that a household credit boom could tend to drag down economic growth more so than corporate debt.
The rapid increase in household debt in China has been driven by mortgages & a relaxation in lending standards.

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Search Web: People’s Bank of China wary of rising household debt – could damage economic recovery

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