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CHIPP 2008 > List of Winners 2009 > Economy Science And Technology News Stories > Award of Excellence - Financial Tsunami
Economy Science And Technology News Stories
Award of Excellence
10-9. Financial Tsunami
Christian Als (Denmark) Berlingske Tidende

Comprehensive statistics on shutdowns are hard to come by. But the Federation of Hong Kong Industries predicts that 10% of an estimated 60,000 to 70,000 Hong Kong-run fac

tories in the Pearl River Delta will close this year. In the past 12 months, 150 factories making shoes or supplying shoemakers have closed in Dongguan.

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