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* Latest Wenzhou News *
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Wenzhou calls for capital to come homeChina DailyWenzhou Guotou Investment Co plans to invest 300 million yuan to establish a microfinance company in the city. The city, which is the world's leading producer of buttons for clothes, lighters and even power transformers, has been a pioneer of China's ...and more » |
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World's Priciest Pigeon Goes for $328000Wall Street Journal (blog)Zhenyu last year sponsored a pigeon race in Wenzhou that awarded 7 million yuan ($1.1 million) in prize money. Pigeon racing has traditionally been a rural pastime, and the entrance of wealthy Chinese hobbyists is ruffling some feathers.and more » |
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Executives detained in financing probeChina DailyBy Xie Yu (China Daily) SHANGHAI - Acting on suspicions of illegal private fundraising, the local public security department on Friday arrested Dong Shunsheng, chairman of a local education group based in Wenzhou, Zhejiang province. |
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Slowdown bites hard as firms struggleChina DailyBy Yu Ran (China Daily) WENZHOU, Zhejiang - After reaching a peak of trading success in the early years of this century, export-based manufacturers in Wenzhou, the birthplace of China's private economy, are now struggling as the business environment ...and more » |
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In China, railing against the rail systemPhiladelphia InquirerIn addition to a balky website, many Chinese simply do not have Internet access. BEIJING - Twenty hours on a train. Standing room only. No access to a bathroom. The Chinese have no shortage of indignities to complain about when it comes to traveling ...and more » |
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Wenzhou's Broken Chain of TrustEconomic ObserverSummary:Wenzhou's iconic entrepreneurs started disappearing in autumn, but with the city's network of trust in tatters, it's now the lenders who are on the run. By Ye Jingyu (叶静宇) Wenzhou, the city synonymous with Chinese entrepreneurship, ... |
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Eight Questions: Tim Wright on China's Blood-Stained CoalWall Street Journal (blog)This was strongly resisted by the mine owners, many of whom were inter-provincial investors particularly from Wenzhou in Zhejiang. The attempt to control the private sector is also about controlling the social and environmental costs of mining?and more » |
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