China Q3 2026 Bad Loan Registrations Reach 148.1 Billion Yuan, Credit Card Arrears at 35.2 Percent

China bad loan registry saw about 50 percent growth last quarter. New portfolios totaled 148.1 billion yuan in Q3 2026. Credit card arrears were 35.2 percent, the largest category. Most delinquent cardholders were 40 to 50. Lenders registered 322.2 billion yuan in bad loans in nine months, up 26.4 percent year over year. Rising bad loans and stricter rules led lenders to restrict new card issuance.