The possibility of a financial saviour suddenly emerging from the shadows — a "strategic investor" in the vein of Shunfeng International Clean Energy (SFCE), which dramatically swooped out of nowhere last year to rescue Wuxi Suntech — seems extremely unlikely, given the endless stream of gloomy reports emerging about the Chinese economy.
News that factory output in China is in free-fall — coupled with staggering losses on the nation's stock markets since June — continue to underscore fears that growth is grinding to a halt in the world's second-largest economy.
