What might the troubles of "Sock City" - the Chinese boom town of Datang which last year...

|By:, SA News Editor

What might the troubles of "Sock City" - the Chinese boom town of Datang which last year produced about two pairs of socks for every person on earth - say about the rest of the economy? May's collapse of Anli Sock Group - which made 60M pairs annually - may prove to be "the Lehman Brothers of Datang," according to one government economist. "I'm very worried," says a surviving producer. "This year is much worse than 2008-09."