Short-Selling Guru Jim Chanos Is Still Short Chinese Banks
- The days of 10% growth in China are over, and this is the product of the law of large numbers.
- Chanos has been shorting the iron ore industry because it has increasing capacity coming on at the same time demand is going to stall.
- He is short Fortescue (FSUGY) and the other focused iron ore miners.
- He is also long more diversified mining names in Australia.