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Hidden Fundraising and Lending by Agriculture-Related Enterprises: Runaway Cases Sound the Alarm
Reporters interviewing in Hubei, Shandong, Henan, Hebei and other places found that small and micro agriculture-related enterprises, including self-employed businesses and farmers' cooperatives, have in recent years engaged in various forms of fundraising and lending activities in increasing numbers. After absorbing deposits, they on-lend to others at high interest; due to broken capital chains, cases of bosses running away have already appeared in some areas