News Snapshot:
Zhejiang, China — Smartly dressed, 42-year-old businessman Qian Weiguang gets out of his black Mercedes van, eager to check on the status of operations. He's just driven an hour from his showroom and is keen to show our CBS News team his newest factory — one of three he has in a sprawling industrial area outside the city of Yiwu in China's central Zhejiang province. The region is one of, if not the largest manufacturing hub for small items in the world, cranking out everything from artificial flowers and kitchen units to hair accessories and car engine parts. Buyers from...