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CN Residents' ST Consumer Loan Balance Reportedly Drops to 3Yrs Low
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Mainland Chinese residents are incessantly reducing their short-term consumer debt leverage, reported the Securities Times. In March 2025, the short-term consumer loan balance of mainland residents was approximately RMB10 trillion. Upon reviewing the People's Bank of China's financial institutions' local and foreign currency credit balance sheets over the past three years, it was found that by the end of December 2025, the household short-term consumer loan balance had dropped to RMB9.49 trillion, a decrease of RMB706.191 billion from the end of the previous year, representing a decline of 6.93%, marking the lowest level in three years. AASTOCKS Financial News Website: www.aastocks.com |
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