Tea-Maker’s Woes Signal China Funding Deficit for Entrepreneurs

in 2013, Bloomberg, College and Graduate School of Arts and Sciences, Kevin Gallagher, Newsmakers
August 11th, 2013

GallagherBloomberg
Kevin Gallagher, College of Arts & Sciences

Dai Jinlian has created more than 200 jobs for villagers picking tea leaves in China’s Zhejiang province since 2008…

Expert quote:

“China’s biggest problem is that rates are already too low,” Gallagher wrote in an e-mailed response to questions. “Full reform would mean higher interest rates, which is always harder and riskier for an SME.”

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