{"id":145010,"date":"2026-01-27T13:00:21","date_gmt":"2026-01-27T13:00:21","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=145010"},"modified":"2026-01-27T13:00:21","modified_gmt":"2026-01-27T13:00:21","slug":"chinas-consumer-spending-push-faces-major-challenge-debt-averse-households","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=145010","title":{"rendered":"China\u2019s consumer spending push faces major challenge \u2013 debt-averse households"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChinese households have accelerated deleveraging \u2013 cutting debt relative to gross domestic product \u2013 at the fastest pace in years, a shift that could weigh on the consumer spending that Beijing needs to sustain growth in the world\u2019s second-largest economy.<br \/>\nThe household debt-to-GDP ratio fell by 2 percentage points, from 61.4 per cent in 2024 to 59.4 per cent at the end of 2025, according to data released on Monday by the National Institution for Finance and Development (NIFD), a Beijing-based&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3341435\/chinas-consumer-spending-push-faces-major-challenge-debt-averse-households?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChinese households have accelerated deleveraging \u2013 cutting debt relative to gross domestic product \u2013 at the fastest pace in years, a shift that could&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/145010"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=145010"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/145010\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=145010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=145010"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=145010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}