Hedge Funds Bet China Is A Bubble Close To Bursting -- The Telegraph
written by anjitha
at Tuesday, January 18, 2011
The world is looking to China as a springboard out of recession - but some hedge funds are betting the country's credit and growth levels cannot be sustained.
For his first-ever speech as Britain’s new Minister of Trade & Industry last week, Lord Green faced a formidable audience of 400 Chinese and British business delegates.
The former chairman of HSBC declared that China’s economic growth figures over the past five years represented an “extraordinary historic event”.
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