Tags: China | banking | exports | unrest

UK Hedge Fund Manager: Chinese Model is Unsustainable

Tuesday, 30 Apr 2013 12:32 PM

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In an exclusive interview with LIGNET, British hedge fund manager Jeremy Bradshaw said that although China’s economy will probably rebound by the end of the year, there is trouble on the horizon for its export-oriented economic model. Its banking system is corrupt and needs to be reformed, but Bradshaw says he sees no prospect of this happening anytime soon, in part because many state-owned enterprises are saddled with debt and have become addicted to artificially cheap credit.

Click here to read the full report of the interview with Bradshaw and watch the video at LIGNET.com.

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