Small-business suicides expose China’s hidden economic crisis
by Michela Orlandi
“Many things that shouldn’t have happened, happened because of money," Mr. Wang Youliang tells the camera in front him. “The situation in (Wenzhou) is a secret everybody knows but you can’t talk about it in public.” He is a young entrepreneur and shoe manufacturer working in Wenzhou, China. Among his friends, five factory owners escaped and one killed himself.
Jan 29, 2013