Is China's bubble bursting?

BOSTON — China’s economic miracle is showing signs of faltering. Growth has slowed to 9.1 percent — still a ferocious pace for any normal country, but a relative slump for China. Meanwhile, the government has begun putting the brakes on lending, in an effort to tame inflation and avoid a serious bubble.

But now there’s evidence of real economic pain in China. In cities like Wenzhou, entrepreneurs have found themselves mired in debt — so hopelessly that some have gone into hiding or committed suicide.   More Read