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household-spending

A record 8.5 million Chinese borrowers are now blacklisted for not paying their debts, a report says. They're feeling the same financial pressures as Americans.

Mon, 12/04/2023 - 08:07
Tech Insider : Economy, Economy
new york foreclosure
A record number of Chinese borrowers are officially blacklisted after failing to pay their debts.

REUTERS/Shannon Stapleton

economy, News, economy, China, loan-defaults, late-payment, credit-cards
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