Ex-PBOC Adviser Fan Interview on China Property, Yuan

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April 27 (Bloomberg) -- Fan Gang, a former People’s Bank of China adviser, talked yesterday with Bloomberg's Susan Li in Hong Kong about China's measures to cool property prices and the nation's currency policy. Fan said James Chanos is overly pessimistic about China’s property market because the hedge fund manager underestimates government efforts to avoid a bubble. Chanos said earlier this month that China is on a "treadmill to hell" because it’s hooked on property development for driving growth. (Source: Bloomberg)

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