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Beijing firm that guarantees 3 billion Yuan worth of loans is on the verge of collapse

When investors talk of a Chinese hard-landing they're referring to either four consecutive quarters of below 5 percent GDP growth, or, as China expert Patrick Chovanec points out a financial crisis. And as loan guarantee company Zhongdan Investment Credit Guarantee Co. that has over 3 billion yuan in loan guarantee contracts stands on the brink of bankruptcy according to Caixin Online, concerns about a financial crisis are beginning to surface too.

On Location Video: China's Western culture crackdown

Ni Yulan, disabled Chinese activist, put on trial in Beijing

Ni Yulan, 51, appeared in court lying on a bed and breathing through an oxygen machine, according to her daughter, Dong Xuan, who testified at the hearing.

Beijingers battle pollution

BEIJING — China doesn’t measure the same fine particulate as international standards, so its own pollution assessments are far rosier than what’s actually happening.

On Location Video: China's Small Business Woes

Small business owners in Beijing say they can't make ends meet.

Powerland Beijing: From Fries to Fuel

Beijing — When Lu Xirou goes to a Chinese restaurant, he’s not thinking about food. The Beijing biofuel executive thinks of gas stations, and climate change.

“China produces 3 million tons of waste cooking oil a year,” Xirou said over a recent meal. “This can be recycled into 3.5 million dons of bio-diesel. This can reduce Carbon dioxide emissions by 7 million tons. That’s a huge number.”

On Location: Beijing Classical Music

BEIJING — As Western music students lose interest in classical music, Chinese musicians dream of taking their place.

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