Word: jianguan
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...Informal finance isn't just for mom-and-pop shops. Wenzhou's biggest restaurant, the 200-table Golden Fields Village, opened in May and specializes in shark-fin soup, giant snails and stingrays. Owner Wu Jianguan started the business by borrowing $100,000 from banks by mortgaging his home. But that wasn't enough to pay for the floor-to-ceiling fish tanks and staff of 150 hostesses in purple evening gowns, so he borrowed five times more from friends at higher rates. The cornerstones of such informal lending are relationships far stronger than Wu's connections to the bank...
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