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Center Group begins production again

(China Daily)

10:01, October 21, 2011

A worker at a Center Group factory, China's largest manufacturer of spectacles by production. Approximately 600 former employees have returned to work after the company restarted limited production on Thursday with the help of the local government, accounting for about 60 percent of the original staff. The company suspended production after its president absconded because of a localized credit crisis in Wenzhou, Zhejiang province. Jin Peng / For China Daily

SHANGHAI - Zhejiang Center Group, China's largest manufacturer of spectacles by production, resumed limited manufacturing on Thursday.

The company ceased operations after its owner - one of the biggest debtors in a localized credit crisis in Wenzhou, Zhejiang province - absconded.

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