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Jay Xiao

Jay Xiao

Jay Xiao is CEO of Chinese fintech firm Lexin.
Jay Xiao is CEO of Chinese fintech firm Lexin.
Languages Spoken:
English

Relax. China’s spenders are not borrowing their way into trouble

China’s household debt is less worrying than it looks. International comparisons show it is at a sustainable level in relation to GDP. Furthermore, young Chinese people are proving to be sensible consumers who are still saving.

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