The most recent highly publicized short is Caterpillar (CAT) which he is short because he believes the commodities boom is ending.
Chanos is also short other non-Chinese companies that will suffer from a decrease in the China boom.
Chanos thinks being short commodity producers that are highly leveraged as a result of acquisition sprees is a good idea.
He offsets those short positions with more diversified companies in the sector with better balance sheets.
Watch the video below for more from Chanos: