« ASIA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

China's runaway bosses spotlight underground loan market

By: Yossel in ASIA | Recommend this post (0)
Thu, 29 Sep 11 5:10 PM | 670 view(s)
Boardmark this board | Asia
Msg. 00050 of 00065
Jump:
Jump to board:
Jump to msg. #

China's runaway bosses spotlight underground loan market

BEIJING (Reuters) - A string of Chinese entrepreneurs have gone into hiding to avoid repaying loans, according to state media reports, highlighting a credit squeeze on private firms and the dangers of steep interest rates in China's vast and growing informal lending market

Zhao Hongmei and Koh Gui Qing

BEIJING
Thu Sep 29, 2011 9:26am EDT

link-
http://www.reuters.com/article/2011/09/29/us-china-economy-runaway-bosses-idUSTRE78S0XJ20110929




Avatar




» You can also:
« ASIA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next