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Loan Sharks Smell Blood in China Waters – Wall Street Journal

loans - Google News Dec 30th, 2013 Loans.



Loan Sharks Smell Blood in China Waters
Wall Street Journal
Sitting in an empty Papa John's pizza restaurant, real-estate developer Yang Boqun said he would somehow catch up on loan payments for 150 million yuan ($24.7 million) he borrowed to finish a five-story shopping mall in the eastern Chinese city of Jinhua.

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