Kept at Home by the Coronavirus, Many Chinese Fall Behind on Their Debts

, as personal-loan delinquencies in the country climb during the coronavirus pandemic.

In recent weeks, executives at some Chinese banks and online lending platforms said more consumers have fallen behind on their credit-card and loan payments, which could snowball into higher defaults in the coming months. Some lenders have reduced loan originations as a result, despite regulators’ calls to keep credit flowing across the economy.

How do you have debt in a communist system

realDonaldTrump is doomed in the 2020election & the WhiteHouse knows it. It explains why COVIDー19 is now political. TrumpIsALoser everyone knows it, he wasn't popular before coronavirus, & after thousands of dead Americans he definitely isn't gaining any votes.

gladstein 'Could foreshadow' wtf. Do you have any doubts what so ever?

well, duh! what do you think would happen if people can't actually work and the unemployment rate has gone up 500%!? china has committed an act of war. they MIUST pay restitution for the MURDER they committed and these crimes against humanity!

Want some more realistic foreshadowing WSJ as US citizens are left to starve like they have been in China?

U want foreshadowing WSJ? They are back at start of second wave.

Oh! How dare they. Too bad for your Strategies 😉but don’t worry. Blackrock will work something out. If not, your government will.

Smoke Screens and Mirrors

Hate globalism

Some Americans think that all problems are the fault of China, so if the women in their family have gynecological diseases, they must also think that they are caused by Chinese men!

Yea, I think it's almost inevitable for China to face an economic downturn, at least in this quarter. The world economy will follow the same pattern, unfortunately

Chinese people have made great sacrifice to beat the coronavirus. And that almost provide two monthes for the world to prepare to handle this disaster.Nowadays, Chinese gov sents doctors to lots of country and donates ventilators. It worths to be respected.

Not good for any of us.

Don't think it's a question of credit to China, it's: The free world preferred to turn a blind eye to CCP's atrocities done to people under its control (Uyghurs, Tibetans, HKers, Christians, FalungGong) for all the time, until now that they are themselves hurt.

Here’s a great article from USA Today:

중국 이라는 국가 대 국가를 말씀 드리는것이 아닙니다. 공산당 카르텔 -우한폐렴 -상하이방-강택민 -Deep State -카르텔 을 말씀드립니다. 전체제의 국가 -EU (전 유럽) 등이 손잡은 공산주의 부활을 -신나치즘 =민주당 으로서 민주당 Deep State 해체는 IN SHDOW . 미국 증시 호황을

Don't worry, almost every chinese family have enough deposit.

U know nothing about Chinese , most people have a habit of saving money , even a beggar does not spend all his monthly income, so one or two-month shutdown would not cause credit problems. So stupid fake news

Reminder: Your President, Mr. Trump ordered 3M to halt exports of N95 mask to Canada, their closest allies. Betraying and backstabbing allies during such a difficult time? Let us deal with the worst credit downturn in decades for the States first.

... ceterum censeo sinarum esse delendam.

Whereas now The Chinese has almost controlled the situation, sent medical supply worth millions and several teams of epidemiologists to the fronts across the globe. Accusation and ignorance gets you no where, especially when it comes to saving lives in a pandemic.

We were unable to execute containment and propose the so called herd immunity despite all the progress and mistakes China made were clearly laid out for us to consult.

Twitter needs to delete all these chinese bot accounts

WSJ is banned in China, how are you pretending you are a China expert? JUST RELAY ON IMAGINATION?

Chinese have been forced to stay at home for only 2 months. And they have the habbit of saving money. Dont worry about them. US stock market and unemployment are much worse

'Heal the world Make it a better place For you and for me And the entire human race There are people dying If you care enough for the living Make a better place For you and for me' HealTheWorld2020 🤴🏿 🌍 🎶

what China have suffered, maybe other countries will suffer soon, so do some preparation right now, the world need a stable economy, humans need.

真不知道你们这些新闻图片哪里弄来的，但是可以看到西方媒体现在都害怕，就像你想拍华尔街，你是拍那些霓虹灯还是巷子后面的垃圾桶？你们都没来过中国，生活一段时间你就知道是什么样了

They got all the credit for starting the pandemic.

USA won’t be better. There should be consequence of unlimited QE.

What? Another BS China will fail article? Better keep looking for ventilators and stealing masks shipments 😆

干啥啥不行，造谣第一名。

Plumber caught boss's wife cheating

Wait until you see the USA's debts. Then the USA will also default with their debts to China, and China is going to be calling in to get that money from the USA. All because Repbulicans voted in an idiot in office.

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