Hedge fund manager Crispin Odey says following China could lead to recession
March 9th, 2015
Australian Financial Review - Monday 9th of March 2015
One of the world's leading fund managers says economies dependent on China for income, including Australia, are headed for recession, and central bank will not be able to come to the rescue because they have exhausted the arsenal of policy weapons.
Crispin Odey, founder of London-based Odey Asset Management, has taken a number of short positions on Australia since adopting a bearish view of China's growth outlook.