welcome to small town big deal, i'm rodney miller. - and i'm jann carl.

jann wenner's brokered the deal.ir mutual love of the guitar and bob dylan led to a discussion about investment in the celebrated magazine. will head rolling stone international, a company established in singapore. there are more fears over the financial health of china's banks. ratings agencies are warning that smaller lenders have never been more reliant on each other for funding. our china correspondent tom mackenzie has been looking into this story. another day, another warning of systemic risks in china. what is this one all about? come thick and fast, don't they? the latest evidence that china's smaller banks are turning to each other for liquidity comes when you look at the wholesale funding. that funding including interbank funding, and moody's has been looking at that. for funding now accounts 34% of the financing for china's small and medium-sized ranks. itt is a record level, and is up from 29% that we saw last year. case in point is shanghai development bank. in the last three years, it has raised his sho

jann wenner, the first time he has allowed outside investment in the publication in five decades of historya big moment for rolling stone. haslinda: this is a huge moment for the company. it is something it has to do. it is no longer the brand it was 50 years ago. it was the academy of pop culture, rock 'n roll, and was used to launch the careers of creative writers. 50 years on with the onslaught of digitization, people are no longer referring to magazines, newspapers, so it has to change strategy. what it wants to do now is get a new investor. a 28 year old singaporean with deep pockets is one of the richest families in asia. what he intends to do is make it relevant, a brand today and for the future. whene: what is the vision it comes to contributing to rolling stone? haslinda: it will not contribute to the editorial part of the magazine, but it will expand the brand and to merchandising, hospitality, live events. the idea is to spread the brand across the region, and this is a very important region. asia is home to more than half the population of the world. muchlling stone can get more

jann crawford shows us how bringing all this together took 100 years. >> gives me goosebumps to see it happening. >> reporter: it has been a long road, and the story of this museum, like the african-american experience, is one of trial and triumph. >> see it finally happen after all this time is just really overwhelming. >> reporter: it was a century in the making, a dream for generations. it became reality through tireless work by people like judge robert wilkins who helped build coalitions so the full black civil war veterans, their contributions to winning their freedom ignored, pushed for a memorial to honor their service, funding never came. >> this has been one of the great days of america. >> reporter: decades later, civil rights movement swept the country. reigniting the effort to recognize african-american history, but the roadblock seemed almost insurmountable. civil rights icon, john lewis, introduced 13 different bills to create a museum, opposition came from multifronts. >> once we approve this museum, we will be called upon by other minority groups and they will be justif