James Chanos, The Big China Bubble

James Chanos, Kynikos Associates president/founder, discusses why his hedge fund is assessing current projects in China because of a slowdown of growth in the country. Jim Chanos has $6.7 million in assets under management. James Chanos unlike Jim Rogers , he has always been a bear when it comes to China and he explains why : " ...the cracks are spreading on the facade. that's a mixed metaphor, but our team was just over there. they just got back." Jim Chanos explains that he has not been personally to China but his team did " i've not been. i've been to Hong Kong. " " my team was over there. again, they're looking like for like, looking at the developments that they looked at a while ago. are there more buildings up, are they empty, are they occupied. but on top of that we're seeing a slowdown in residential sales with arguably declining sales, and you're seeing real estate firms shutter, real estate offers close down. some of the engines behind the boom is beginning to sputter. now, there's a lot of observers who believe there are only two speeds in china. hit the brakes or hit the accelerator. i'm not so sure in terms of what we've seen with the power outages, when there's no price mechanism to reflect real supply and demand, you're going to end up with things like shortages, and i think we're beginning to see some of the evidence of that. "

James Chanos Charlie Rose China Property Bubble May Burst

Chanos Says China Property Bubble May Burst: Charlie Rose

April 8 (Bloomberg) -- James Chanos, hedge fund manager and founder of Kynikos Associates Ltd., talks with Charlie Rose about China's economy, currency policy and the risk that investment will "dry up." Bloomberg's Lori Rothman also speaks. (Charlie Rose airs weeknights on PBS and Bloomberg TV. Source: Bloomberg)

Jim Chanos on The Role of the Hedge Funds in the Greece Crisis

Chanos Discusses Role of Hedge Funds in Greek Crisis

March 3 (Bloomberg) -- James Chanos, president of Kynikos Associates Ltd., talks with Bloomberg's Erik Schatzker about the role of hedge funds in the Greek debt crisis. (Source: Bloomberg)

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