China’s Property Market May Be Burst Bubble, Chanos Tells Finanz
China’s real estate market may already be a burst bubble, Finanz und Wirtschaft reported, citing an interview with James Chanos, founder of Kynikos Associates Ltd.
If the Chinese government slows the building boom, it’s not clear what will fill the gap to support the economy, Chanos was cited as saying in a pre-release of tomorrow’s issue of the Swiss newspaper.
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