China’s economy  Hitting the kerb  A squeeze on lending hits
China’s entrepreneurial heartland  See article  Readers'
comments    Why doesn't the central bank legitimize local
lending/investment? It would end the driver for the property
bubble.   There is a very common misconception that China is
beginning to get rich and BEGINNING to become a vast, booming
commercial empire. The truth of the matter is that for more than
a thousand years, China's trade and currency has been top-notch
(since this notion was introduced of course). However, their
trends for most economical factors has been rickety. Despite
this they have always gotten back to top. For the past 200
years, since the US was founded, China has been having a rough
spell. Now, it should come to no surprise, that like always,
they will make their way to the top through countless different
strategies that I cannot even begin to comprehend.  This article
on China's "credit crunch" is slightly misleading because
despite increased inflation rates and downw