Chinese consumers may be spending to much on their credit cards. Photo: Shutterstock

Chinese banks to report credit-card loans turned sour in first quarter as household debt mounts

  • Chinese banks may report higher non-performing credit card loans in the first quarter
  • Mounting household debt levels and rising unemployment to hurt credit card loan performance
Topic |   Banking & Finance
Chinese consumers may be spending to much on their credit cards. Photo: Shutterstock
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