Wednesday 15th August

Beijing Firm That Guarantees 3 Billion Yuan Worth Of Loans Is On The Verge Of Collapse
{http://www.businessinsider.com/zhongdan-bankruptcy-raises-risk-of-chinese-financial-crisis-2012-8}

Drinking at work
The boredom of boozeless business
{http://www.economist.com/node/21560265?fsrc=scn/tw_ec/the_boredom_of_boozeless_business}

World shipping crisis threatens German dominance as Greeks win long game. The irony of prudent Greeks cleaning up after a reckless debt spree by the Germans is lost on nobody.
{http://www.telegraph.co.uk/finance/newsbysector/transport/9473476/World-shipping-crisis-threatens-German-dominance-as-Greeks-win-long-game.html}


China's ghost towns and phantom malls
{http://www.bbc.co.uk/news/magazine-19049254}
& The Miss World 2012 Competition Is Being Held In China's Most Famous Ghost City {http://www.businessinsider.com/ordos-photo-miss-world-2012-2012-8}