CHINA The world is waiting, and hoping, that Chinese consumers will help rescue the global economy.
For that to happen, mainland producers will have to survive and prosper. But how are Chinese companies to fund their growth, with the capital markets seized up? This time last year, bankers in Hong Kong and Shanghai were falling over themselves to boast about the depth of their China pipeline. Hundreds of cash-hungry mainland companies had picked advisers to help them achieve an initial public offering.
