Chanos: “Chinese banks built on quicksand.”

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:

    Danielle,

    You were a shining star on BNN.

    Regards,

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