CARVING OUT A PROFITABLE NICHE
PHOTO PROVIDED TO CHINA DAILY underscoring investor interest in products that pay more than bank deposits even as default risks mount. About 20 billion yuan of trust products experienced repayment difficulties in 2012, accounting for 0.27 percent of the industry’s assets at that time, the China Trustee Association said on Thursday. biotech crops in 2013. Genetically modified crops have aroused great controversy in China and elsewhere, with some people casting doubt on their safety.
Dongyang in Zhejiang province — famed for woodcarving — is attracting many merchants, who are snapping up wooden sculptures and bamboo handicrafts.