Short-Seller Jim Chanos: Red Flag Over China; Charlie Rose talks to James
Chanos of Kynikos Associates about the coming property bubble in China.
BusinessWeek, Apr. 19, 2010 (cover date). http://www.businessweek.com/magazine/content/10_16/b4174010646611.htm
("They're on this treadmill to hell because 50% to 60% of GDP is
construction * * * they're really hooked on this sort of heroin of real
estate development.")
Note:
(a) Please read the sidebar titled "Next stop: China’s Times Square" in
China