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Jim Chanos: Situation in China is Deteriorating Rapidly

October 12, 2011 | About:
Jim Chanos, founder of Kynikos Associates Ltd., discusses China's economy, banking, and real estate industries. Chanos, speaking with Michael McKee from the Global Alternative Investment Conference in New York on Bloomberg Television's "In the Loop with Betty Liu," also talks about his investment strategy and the 2012 presidential race.

Below are some quotes:

"The fact that people are even talking about the government stepping in to shore up the banks, when two months ago people thought there was nothing wrong..."

About the author:

Jacob Wolinsky
My investment ideas have been inspired by many of value investors including Benjamin Graham, Charles Royce, John Neff, Joel Greenblatt, Peter Lynch, Seth Klarman,Martin Whitman and Bruce Greenwald. .I live with my wife and daughter in Monsey, NY. I can be contacted jacobwolinsky(AT)gmail.com and my blog is www.valuewalk.com

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