100 Million Chinese Behind on Debt – $329 Billion Crisis Undermines Recovery
Non-performing household debt in China surged 21% to 29 billion in 2025, with 100 million adults behind on payments, undermining Beijing’s stimulus efforts. 100 Million Chinese Consumers Behind on Debt…
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Microsoft Sells OpenAI Models to ByteDance and Tencent While OpenAI Avoids China
Microsoft has built a billion-dollar business selling OpenAI GPT models to Chinese tech giants including ByteDance, Ant Group, Meituan, and Tencent via Azure. Microsoft Sells OpenAI Models to ByteDance, Tencent,…
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China 300 Billion Consumer Debt Crisis Threatens Spending Recovery
China consumer credit surpasses 40B. Credit card delinquencies triple since 2020. PBOC flags risk. China’s consumer debt has quietly crossed a threshold that economists have been warning about for years.…
