Is China a Lehman multiplied, waiting to collapse?
Hugh Hendry thinks so.
Mr Hendry is a Scottish hedge fund manager in London who has become something of a celebrity for his unconventional and outspoken opinions.
Mr Hendry is convinced that China is a growing property bubble, and claims the Chinese authorities are pumping money in to unnecessary construction projects to fuel growth.
Image: The New South China Mall, the largest mall in the world based on gross leasable area, has been 99 per cent vacant since its opening in 2005..
Text: Arjun Lahiri, Business Standard
Image Courtesy: Wikimedia Commons
Also see: A month of milestones for China