Tag: Credit crisis

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Wenzhou's Wikileaks Chronicles Warning Signs for China's Economy

In GlobalPost, Kathleen McLaughlin writes about a home-grown incarnation of Wikileaks in Wenzhou, which has shrugged off attempts at censorship to detail the local effects of the credit squeeze plaguing private enterprises in China: The site has played host to just about every dramatic detail of the credit collapse; some of it very true, though much of it speculation. It has also become an essential