Key Takeaways
- China's household loans in 2025 fell 83.8% YoY, signaling a potential end to the era of household leveraging.
- The National Audit Office revealed that Bank of China packaged private equity funds as public funds to evade 2.367 billion yuan in taxes.
- Kami v1.9 introduces automatic chart drawing with theme-matching colors, streamlining data visualization.
1. Product Updates
- Kami v1.9 now features automatic chart drawing that matches the app's theme colors, ensuring a clean and consistent look without manual SVG handling. This update enhances data visualization efficiency for users. — via 1
2. China's Economy
- In 2025, China's household sector added only 441.7 billion yuan in new loans, a year-on-year decline of 83.8% and a staggering 94.4% drop from the 2021 peak. This sharp contraction suggests that Chinese households are deleveraging rapidly, potentially signaling a structural shift away from credit-driven consumption and real estate investment. — via 1
3. Financial Regulation
- The National Audit Office disclosed that Bank of China had evaded 2.367 billion yuan in taxes by repackaging private equity funds as public funds, exploiting regulatory loopholes in fund classification and tax treatment. The case underscores ongoing risks in China's financial system and the need for stricter oversight. — via 1
