Asia

China’s City of Entrepreneurs Waits for Deeper Reformsi
X
December 24, 2013 11:23 AM
Businessmen and women from China’s eastern coastal city of Wenzhou have long had a reputation of being financial risk-takers in search of the next big business opportunity. But after the city was hit with an economic crisis two years ago as bad loans ballooned, the government began experimenting with financial reforms. VOA’s Bill Ide visited Wenzhou for a look at how the reforms are working.

China’s City of Entrepreneurs Waits for Deeper Reforms

Published December 24, 2013

Businessmen and women from China’s eastern coastal city of Wenzhou have long had a reputation of being financial risk-takers in search of the next big business opportunity. But after the city was hit with an economic crisis two years ago as bad loans ballooned, the government began experimenting with financial reforms. VOA’s Bill Ide visited Wenzhou for a look at how the reforms are working.


You May Like

Republican Majority in Congress Off to Rough Start

Standoff over Homeland Security funding exposes philosophical, tactical problems within party More

Pakistan Blocks Baloch Activist from US Trip

Human Rights Commission of Pakistan slams Islamabad officials for stopping people from leaving country to attend human rights conference More

Video Muslims Long Thrived in North Carolina Before Students Killed

Idyll shattered February 10, when three Muslim university students living in Chapel Hill were gunned down by a neighbor More