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Back to Home » October 2011 News » Debt panic in China's Wenzhou may augur wider woes |
Debt panic in China's Wenzhou may augur wider woes |
October 18, 2011
WENZHOU, China (AP) -- Wenzhou's private entrepreneurs, scrappy survivors in an economy ruled by state industries, once thrived on a formula of cheap backstreet loans and low-cost manufacturing....
Source URL: http://hosted.ap.org/dynamic/stories/A/AS_CHINA_CREDIT_CRUNCH?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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