China's runaway bosses spotlight underground loan market
BEIJING (Reuters) - A string of Chinese entrepreneurs have gone into hiding to avoid repaying loans, according to state media reports, highlighting a credit squeeze on private firms and the dangers of steep interest rates in China's vast and growing informal lending market
Zhao Hongmei and Koh Gui Qing
BEIJING
Thu Sep 29, 2011 9:26am EDT
link-
http://www.reuters.com/article/2011/09/29/us-china-economy-runaway-bosses-idUSTRE78S0XJ20110929