Tag: financial risk China
China Credit Card Market Contracts as Banks Cut Products, Spending Falls, and Defaults Rise
China’s banks issued fewer credit cards in 2025 than in previous years, and newly released data points...
China’s Property Market in Free Fall: Prices Collapse Across 70 Cities as ‘Loan-Backed Home Sales’ Emerge
“Halfway through selling the apartment, the landlady just broke down crying. ‘It’s okay, it’s okay—this...