An FT video report from Chinese manufacturing hub Wenzhou illustrates the limits of the...

|By:, SA News Editor

An FT video report from Chinese manufacturing hub Wenzhou illustrates the limits of the country's low value added export model. Razor-thin margins combined with labor shortages, vanishing credit availability, and an overseas slowdown make for a difficult situation. "If a big chain cancels an order, somewhere in China a factory shuts down," said some bright guy not long ago.