China Factories In Guang Dong Province Hurting

I just heard from a Chinese factory owner friend who was behind on his payments to his factory building landlord.   He was in the hospital.   He said the landlord sent some thugs after him to collect payment.   My friend is in the hospital with memory loss and stitches in his head.    I have heard many more stories of this happening as factories are closing because of slow orders or US and European customers are not paying them.   All signs show that the recession has not bottomed in China yet.
 I also see signs that the Chinese housing bubble will burst in 2009 like it did in US in 2008.   With more and more Chinese people not keeping up with their mortgage payments as their businesses close.    The China Government, in recent newspaper articles are trying to do their best with supporting large and small business owners and also are preparing the Chinese people and businesses to expect the recession to get deeper in 2009.