Property accounts for most household debt on the mainland. Photo: AFP Property accounts for most household debt on the mainland. Photo: AFP
Property accounts for most household debt on the mainland. Photo: AFP

How China’s young people became addicted to debt

Easy access for millennial consumers has helped nearby double the nation’s overall debt-to-GDP level

Property accounts for most household debt on the mainland. Photo: AFP Property accounts for most household debt on the mainland. Photo: AFP
Property accounts for most household debt on the mainland. Photo: AFP
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