China Consumer Spending Falls for First Time Since COVID Reopening
China retail sales fall 1.2% in May 2026, first decline since COVID. Property wealth effect, youth unemployment, consumer debt drive retreat. China’s retail sales fell 1.2% year-over-year in May 2026,…
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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…
