Chinese Household Loans Decrease by 1.03 Trillion Yuan and Passenger Car Retail Sales Plummet

In the first nine months, household deposits surged by 9.39 trillion yuan, while net household loans decreased by 1.03 trillion yuan. Passenger car retail sales plummeted by 21.7%, and new home mortgage loans fell by 22.1%, indicating a continuous contraction of the household balance sheet.

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2026-11-08 00:09 · 一个狠人发布了新视频：史上最安靜的雙11！口徑年年換日均GMV其實跌8%！退貨率七成、三成商家虧損、汽車跌22%、住戶貸款淨減1萬億！社零漲1.1%是柴米油鹽平均出來的！中產可選消費實際每年跌4到5%！

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This event Chinese Household Loans Decrease by 1.03 Trillion Yuan and Passenger Car Retail Sales Plummet 2026 · Reported

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Article · 2026-11-07 00:15 The Quietest Double 11 in History! Statistical Methods Changed Every Year, Daily GMV Actually Fell by 8%! 70% Return Rate, 30% of Merchants Operating at a Loss, Car Sales Down 22%, Household Loans Net Decreased by 1 Trillion! The 1.1% Rise in Retail Sales is Just an Average of Basic Necessities! Middle-Class Discretionary Spending Actually Drops by 4-5% Annually!

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