Hugh Hendry speaking on China

Thanks to Business Insider for this link:

Hugh Hendry's Awesome New Presentation On How And

Why He's Shorting China 

1/23

Hendry is shorting China via Japanese CDS, so he doesn't think Japan's credits are investment-grade at all.

 See presentation at link below:
Read more: http://www.businessinsider.com/hugh-hendry-short-china-japan-cds-presentation-2011-2#hendry-is-shorting-china-via-japanese-cds-so-he-doesnt-think-japans-credits-are-investment-grade-at-all-1#ixzz1EvIWJQ36