Unconventional Wisdom: Jim Chanos on China
Apr9Jim Chanos, hedge fund manager and founder of Kynikos Associated Ltd., achieved fame outside the investment world when he publicly questioned Enron’s financial reporting. He is now casting a skeptical eye on the Chinese economy.
Chanos believes that China has developed a huge real estate bubble that is about to burst. While there has been a lot of buzz about the need for China to revalue its currency, a real estate crash could force the opposite- devaluation.
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Author : Bob Chiore
Author's Website | Articles From This AuthorAs the business editor of 73 Wire, I am intrigued by the impact of government policy on business and markets. I am a career finance professional with 30 plus years in corporate treasury management.
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