China is in Hard Landing Now, says Jim Chanos

April 14, 2012



  • Power consumption, cement sales, housing sales showing rapid falls.
  • Notes the Communist Party is called “The Family” in a reference to La Costra Nostra
  • Banks will survive, since they’re a source of power for the Family, adding they’ll likely take money from western investors,
  • “We’re going to open to outside investors, than keep tapping you over and over.” Chanos says on China’s attitude towards western investors
  • Sep 30, 2011: Here’s what I said. “The next Chinese leadership will look to fleece foreigners and use the opportunity seize assets for “The Party. Sep 30, 2011.
  • Weibo is breaking through the “Great Firewall” ~ tipping points can be reached here.
  • “I would be long the Chinese communist party.”
  • Sees the problem as purely financial, not political. ~ I think he’s underestimating the political risks, as he did with Enron.

Fortress’ Michael Novagratz on Lessons from OWS, and China

Jim Chanos Concerned about US Companies in China

On China, Henry Kissinger and Fareed Zakaria see Domestic

Standard Charter on the Ground in China

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