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Update Alerts

Crisis-hit Wenzhou tells banks to lend to private enterprises

30 September 2011

City authorities in Wenzhou, a prosperous private business hub south of Shanghai, have ordered emergency measures to combat a credit crunch that has already prompted over 20 private enterprise bosses to flee the city and one to commit suicide.

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CHINA CONFIDENTIAL FUNDS

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.