In this interview, famous short-seller Jim Chanos talks about his background, first short, Chinese bubble, etc. Among his point of views are:
– Short-selling is not as risky as many more stocks go to zero than to infinity;
– China will have whatever GDP growth number the Government wants (even if the numbers do not add up);
– China makes Greece and Spain look like Childs’ play, due to bad credit;
– Many (mostly Chinese) companies on the Hong Kong Exchange do not even have financial statements.