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As China’s Economy Cools, Loan Sharks Come Knocking – New York Times


New York Times

As China's Economy Cools, Loan Sharks Come Knocking
New York Times
As China's economy has begun to slow slightly, more and more entrepreneurs are finding themselves in Mr. Sun's straits — unable to meet debt payments on which interest rates often run as high as 70 percent in this nation's thriving unregulated,
Wenzhou economy 'still healthy' despite recent debt problemChina Daily
China Puts Light on Shadow LoansWall Street Journal

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