China Savings Debt Dilemma: From Tradition to Modern Financial Strain
Why China Is Facing a Savings‑Debt Paradox China savings debt dilemma is a phrase capturing a growing economic tug‑of‑war. Traditionally, Chinese households have been known as diligent savers, building up substantial bank balances. Yet today, a surprising reality is emerging: many people are overwhelmed by debt. This paradox is reshaping lives, households and even national…