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Hugh Hendry, chief investment officer and co-founder of London-based Eclectica Asset Management LLP says the world is underestimating the risks in China and believes that GDP creation has overshadowed the lack of wealth creation in the region. This makes China one of the greatest risks to the global economy. Hendry also provides a broad set of views in this excellent interview on Bloomberg (highlights below, full interview here):

Source: Bloomberg

Source: Hendry: China Remains a Black Swan