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China’s consumer loans will reach US$1.48 tln this year

The market size of China’s consumer loans, excluding mortgages, will reach 9.8 trillion (US$1.48 trillion) by the end of 2017, accounting for 12.32% of the GDP, according to a report released by a think tank, reported. According to a report published by Analysys, consumer loans could reach 14.67 trillion yuan by 2019. Also, online […]

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