Chanos says China’s bank system “extremely fragile”

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Jim Chanos, founder of hedge fund Kynikos Associates, talks about China’s banking system and outlook for the nation’s economy and real estate market.

Source: Bloomberg, November 23, 2011.

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1 comment to Chanos says China’s bank system “extremely fragile”

  • harold

    Can someone explain what the liabilities are against the 3 trillion of excess foreign reserves the Chinese govt holds? Isn’t this money the govt can’t just give to the banks to recapitalize them?

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