Chanos: “Chinese banks built on quicksand.”

Posted on November 24, 2011 by Danielle Park

A worthwhile Bloomberg clip today with Jim Chanos, founder of hedge fund Kynikos Associates Ltd. Chinese banks are” extremely fragile” because the lenders do not have enough capital to offset bad loans. Watch the interview here.

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One Response to Chanos: “Chinese banks built on quicksand.”

  1. Réjean Castonguay says:
    November 28, 2011 at 6:09 pm

    Danielle,

    You were a shining star on BNN.

    Regards,

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