“Many things that shouldn’t have happened, happened because of money,” says Wang Youliang.
“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 failed factory owners fled and one killed himself.
The country that is predicted to be the next big super power on the world economic stage has its own hidden crisis.