Abandoned offices in the main building in Guangzhou’s China Private Finance Development Example Zone, colloquially known as ‘Microcredit Street’. Photo: He Huifeng

Runaway borrowers the new face of China’s personal credit boom

Loans with high interest rates and penalties for delinquency now a burden for parents and siblings

Topic |   China economy

TOP PICKS

Abandoned offices in the main building in Guangzhou’s China Private Finance Development Example Zone, colloquially known as ‘Microcredit Street’. Photo: He Huifeng
READ FULL ARTICLE