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Monday, August 7, 2017

How China’s billion savers embarked on a household debt binge

August 07, 2017 0 comments
Bonnie Cao, a PR worker for an investment company, used to be a typical Chinese saver, putting half her monthly income into a bank deposit account. But that all changed at the start of this year when Cao and her army officer husband decided to buy a flat in Beijing. ...

How China’s billion savers embarked on a household debt binge
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