Seeing Bang for Buck, Even China Fireworks Makers Now Do Finance
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Making fireworks is turning into a dud industry in China, so the country’s biggest pyrotechnics maker is changing its name from Panda Fireworks Group Co. to Panda Financial and refocusing its core business on Internet financing.
Seem strange? The 25-year-old, Hunan-based manufacturer is just jumping into the latest craze in China: finance.