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Chinese household borrowing posted a record drop in February, underscoring weak consumer demand even as strong corporate lending supported overall credit.
Strong corporate lending supports overall credit despite weak consumer demand
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Chinese household borrowing posted a record drop in February, underscoring weak consumer demand even as strong corporate lending supported overall credit.

Weak household borrowing and rising bond financing underscore shifting credit dynamics in the world’s second-largest economy

Beijing is forcing a steep cut in borrowing costs across its multi-trillion yuan consumer credit market and dismantling the core…

Weak consumer demand has weighed on the world's second largest economy as a prolonged housing downturn continued hamper household…

China’s sharp investment downturn is amplifying credit risks across the economy, weighing on the credit profiles of homebuilders,…

First-quarter profit falls 3.7% as pressure on lenders persists

The announcement came in the same week that Beijing’s top leadership called for greater efforts to unlock domestic demand.