Chanos Could Lose Big On China Bubble Bets
Amid growing fears of a real estate bubble, Chinese officials moved to restrain bank lending and rein in inflation by raising its bank reserve requirements twice in one month. Global financial markets reacted with risk aversion driving up both the U.S. dollar and Treasuries because of concerns that the leading recovery growth engine of the world could be slowing.<a href="http://www.istock tickeranalyst.com/article/viewarticle/articleid/3882147″>[More...]
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