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* Latest Wenzhou News *
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Wenzhou calls for capital to come homeChina DailyAccording to Chen, more than 600 billion yuan ($95.2 billion) is lying idle in the hands of Wenzhou entrepreneurs. Wenzhou Guotou Investment Co plans to invest 300 million yuan to establish a microfinance company in the city.and more » |
 China Daily |
Help offered to businessesChina Daily"The only way to solve the problem is by replacing the underground running of private capital with reasonable authorized loans for every company in need," said Zhou Dewen, chairman of the Wenzhou Small and Medium-sized Enterprises Development ...and more » |
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Wenzhou's Broken Chain of TrustEconomic ObserverBy Ye Jingyu (叶静宇) Wenzhou, the city synonymous with Chinese entrepreneurship, has been rocked by a breakdown of trust that has cut off factory owners from the friends and relatives who financed their businesses. The first two days of 2012 didn't go ... |
 Modesto Bee |
WorkWise: Expanding abroad means seizing opportunitiesModesto BeeGastineau continued to see affluence in three other cities – Xiamen, Wenzhou and Shanghai – as she kept meeting people who wanted to abandon their apartments and could pay to do it. She was stunned at the number of people who could afford the $100000 ... |
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Home appliance sales cool offChina DailyAccording to the statistics provided by Wenzhou Home Appliance Association, the sales of home appliances in the city for the first two weeks of 2012 declined at least 30 percent compared with the same period last year. "The home appliance program ...and more » |
 China Daily |
Down at heel, not down in the dumpsChina DailyBy Yu Ran (China Daily) SHANGHAI - In 1991, Wang Jianping, a 50-year-old shoemaker based in Wenzhou in East China's Zhejiang province, set up his own workshop with a few workers, mostly relatives and friends, using basic tools to produce 300 pairs of ...and more » |
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China: A Death Sentence to Hide Government Corruption?Care2.com (blog)More than 62.3% of family businesses obtain their capital from the market. If Wu must be killed, the runaway bosses in Wenzhou must be killed too. Those gamblers who borrow money from loan sharks, those bosses who show off their wealth with corporate ... |
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Zhejiang moving to ease financial pressures for firmsChina DailyMany business owners in Zhejiang, particularly the entrepreneurial city of Wenzhou, fled and several even committed suicide over debt problems as banks cut lending late last year. Xia said that bank branches in the province had applied to their head ... |
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Retail, service industries new domain for businesspeopleChina DailyZhang, an entrepreneur from Wenzhou, China's private-capital powerhouse in eastern Zhejiang province, runs 10 boutiques in Dubai selling healthcare equipment including the massage chairs. He is the first in the city to retail such products. |
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