China’s cash-strapped poor seek more debt as coronavirus hits job prospects
Is China’s debt burden too much to bear?
Getty Images
BEIJING — Demand for consumer loans is picking up in China, especially among the less affluent, highlighting a group that some say could use more support during the coronavirus-induced economic downturn.
The disease, officially called Covid-19, emerged late last year in the Chinese city of Wuhan. The virus has since spread rapidly…