Heaven help us if the rest of China crashes as hard as Wenzhou

20/06/2012

Little known outside manufacturing, procurement and logistics circles, the eastern city of Wenzhou was one of the poster boys of the Chinese export boom. But as labour and land costs increase and loans for businesses become harder to secure, its commercial life has vanished with ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber