from-the-baoxin
Chinese consumers take credit for boom in car loans
September 4, 2016 by publisher · Leave a Comment
By Jake Spring BEIJING (Reuters) – Chinese households, traditional savers with an aversion to debt, are rapidly warming to the idea of borrowing to buy a car, as automakers push financing deals to boost sales and margins in an increasingly competitive market.
Originally posted here:
Chinese consumers take credit for boom in car loans