Alternative Investment Posts

Hedge Fund Pervalle Global Macro Fund Views: 506

The credit situation in China over the past few months has increasingly concerned us given the swift deterioration in three of the main four credit buckets, and suspicious characteristics of growth in the fourth – such as large increases in bill financings. We are less worried that a severe credit crunch is on the near-term horizon, but nervous that China will not be able to expand credit at a sufficient rate to drive both domestic and global growth. If our assumption is correct, China’s dom


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