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China wouldn't survive a US double-dip recession, says Permal chairman

Simon Osborne
Isaac Souede, chairman of $20 billion fund of hedge funds Permal, says China does not respect the euro and that an American double-dip recession would spark protectionism in the US.
China wouldn't survive a US double-dip recession, says Permal chairman

Permal, a stand-alone business in the Legg Mason group, is a fund of hedge funds with $20 billion in assets under management. Chairman Isaac Souede spoke to AsianInvestor while he was on a recent visit to Hong Kong.

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