More on China and risk in commodities

“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. Here is a direct link.

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2 Responses to More on China and risk in commodities

  1. William says:

    Guess what the implications are for a country like Canada & the US. Falling commodity prices mean a smaller US Trade Deficit. And that means that a larger part of the growing (!!) US budget deficit needs to financed domestically, in the US.

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