Will postal uniforms be tres chic at New York Fashion Week?

China Growth Last Quarter Seen Worst Since Global Recession

For Zhu Zhangjin, the boss of a furniture factory in eastern China, the cost of finance is still one of the “mountains” weighing on his business’s profitability. Borrowing costs are the “highest among all major economies,” said Zhu, chairman of Zhejiang province-based Kasen International Holdings Ltd., naming rising labor expenses and tax rates as other headaches. Zhu’s company, which employs about 5,000 people and exports sofas and car seats to