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Noted China Bear at it Again
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Noted China Bear at it Again

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Noted China Bear at it Again

Jim Chanos, a U.S.-based hedge fund manager well-known for his negative outlook for China, told a television audience on Friday that China’s economy is about to enter a period of significant contraction. Chanos has long held the belief that the event to trigger the collapse will be a sharp decline in property values.At his most animated, Chanos describes China’s situation as a thousand times worse than the property collapse that struck Dubai in 2009. Chanos maintains that China’s growth has [...]

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