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11/02/2024 03:36:41 pm

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Credit Card Debt

China Credit Card Debt

Unpaid Credit Card Bills in China Now US$6.2 Billion

Credit card bills that were not paid in China as of last year reached 35.8 billion Chinese yuan (about US$6.2 billion), an increase of 42 percent from a year ago, data released by the People's Bank of China (PBOC) showed.

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