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One firm's pain is another's gain

By Zhou Yan | China Daily | Updated: 2009-12-31 08:08

One firm's pain is another's gain

Two foreigners watching a Chinese worker manufacturing textile products at the Fashion Shanghai expo recently. More and more Shanghai exporters are increasing their export-credit insurance to mitigate potential foreign risks. Shao Chang

SHANGHAI: Call him "Lucky Lu". When Lu Jinguang learned that one of his key German clients, mail-order company Quelle, had gone bankrupt in June he told himself he was one of the lucky ones.

One firm's pain is another's gain

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