Chanos on China on Charlie Rose
A must-watch as Charlie Rose interviews Jim Chanos on his China shorts. A very thorough talk that details why Chanos is betting heavily against China's premium property market. Although I am generally bullish on China, I agree with Chanos that people should absolutely be avoiding banks and real estate in tier 1 China. I think he does himself a disservice by talking about China as one place or one thing, but his points about tier 1 China are spot on.