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Thursday, September 20, 2012

Why Chanos Is Short China

Jim Chanos has made a lot of money over the years selling short the stocks of companies that were doing things wrong.

"I wouldn't trust any company's accounts in China," says James Chanos, Kynikos Associates president & founder, explaining why he is short Chinese companies, despite GDP growth.

Video from CNBC (11:15).

Why Chanos Is Short China

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