China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
Xi’s Consumer Boom Thwarted by Secret Stock Trades, Debt Misuse

Xi’s Consumer Boom Thwarted by Secret Stock Trades, Debt Misuse

Feb 15, 2023
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China Daily Reads
China Daily Reads
Xi’s Consumer Boom Thwarted by Secret Stock Trades, Debt Misuse
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  • Borrowers taking advantage of low rates on consumer loans

  • People misuse the funds to prepay mortgages, buy stocks

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