Jim Rogers vs Jim Chanos on China

In a recent Interview with CNBC James Chanos called China a bubble worse than Dubai : ”(China) is a surging real estate sector buoyed by a flood of speculative capital,” he says. “It looks like Dubai times 1,000 — or worse!” and he said that the Chinese GDP numbers are probably fake 'inflated' “We just don’t believe the GDP numbers. We think they’re massively inflated by under-depreciating a very shaky capital-asset base.”
Chanos called China a bubble : “Bubbles are best identified by credit excesses, not valuation excesses,” he said in a recent interview on CNBC (watch below). “And there’s no bigger credit excess than in China.”
“I find it interesting that people who couldn’t spell China 10 years ago are now experts on China,” said Jim Rogers, the co-founder with George Soros of the Quantum Fund and who has left New York to live in Singapore. “China is not in a bubble.” James Rogers confirmed