The Zhejiang Province Supreme Court held a press conference yesterday and published a report on private lending in the province, reports cs.com.cn. According to the report, the number of private lending lawsuits and the amount involved have rapidly increased since the 2008 financial crisis and reached a five-year peak in 2012. According to Xinwen Net, courts in the province handled a total of 58,037 private lending lawsuits during the first half of 2012, and the amount involved hit 28.39 billion yuan, up 26.98 percent and 129.61 percent year-on-year, respectively. The increases were most evident in Wenzhou, Zhoushan and Huzhou, with respective growth rates of 96.42 percent, 87.37 percent and 57.61 percent. All regions, with the exception of Jinhua, are experiencing upward trends in private lending lawsuits. This site contains materials from other clearly stated media sources for the purpose of discussion stimulation and content enrichment among our members only. whatsonningbo.com does not necessarily endorse their views or the accuracy of their content. For copyright infringement issues please contacteditor@whatsonningbo.comNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora HatsNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora HatsNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora HatsNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora HatsNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora HatsNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora HatsNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora HatsNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora HatsNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora HatsNumber of private lending lawsuits in zhejiang hits new high since 2008 - Paper Fedora Hats
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