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Tuesday, April 15, 2014
China Should Not Allow Regional Economic Crisis From Spreading
ANBOUND

Zhejiang's economy grows under the mutual assistance of business district however it is collapsing now. It is reported that the wave of bankruptcy amongst small and medium enterprises has been spread to big enterprises and even top 100 enterprises through the mutual guarantees. From ANBOUND’s point of view, Zhejiang’s business district is the last firewall against regional financial crisis which can be easily destroyed but hard to be rebuilt. The common community interest amongst the governments, banks and enterprises should be identified before Zhejiang’s business district is collapsed.

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