Expert: Detroit's Bankruptcy Makes It Hard To Attract Chinese Investment In Michigan“In China there is no municipal bankruptcy. The central government controls everything – hence a lot of time and energy is needed to for many to realize that this is actually a good thing. That debt is being cleared and crisis can be opportunity,” said Stevanovich.

More From CBS Detroit

Hump Day Drinks: 8 Cheery Cocktail RecipesNow that you've made it through half the work week, it's time to celebrate!
Daily J

Watch & Listen