the Financial Times

China allows first foreign loan provider

 By Jamil Anderlini in Beijing

Published: November 30 2010 22:49 | Last updated: November 30 2010 22:49
Home Credit Group, a Czech company operating mainly in Russia and eastern Europe, has beaten some of the world’s largest financial groups to become the first foreign company to set up as a consumer finance lender in China.
 

Hendry takes big bet on China crash

Hugh Hendry, the voluble hedge fund manager well known for his bearish but highly successful calls on the global economy over the past two years, has taken a big position that is designed to profit from a crash in China.

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