In China, remember, the the banks are arms of state policy. They loan because the local party official or regional party official tells them we need a new stadium. They are instruments of state policy. — James Chanos Copy Share Image
Dubai was a property bubble. Plain and simple. Go to Dubai and see what happened. It was... what I call it the 'Edifice complex'… — James Chanos Copy Share
And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B,… — James Chanos Copy Share
Our concerns about what we saw in Australia: an economy clearly tied to China has hitched its wagon to the tail of the tiger.… — James Chanos Copy Share
Derivatives in and of themselves are not evil. There's nothing evil about how they're traded, how they're accounted for, and how they're financed, like… — James Chanos Copy Share
So you know, everyone points out Greece's default record, but the history of a lot of sovereign nations is not a good one when… — James Chanos Copy Share
Chinais a world class if not the world class property bubble, primarily high-rise buildings, offices and condos. — James Chanos Copy Share
There's almost 70 billion in square feet under construction in high rises in commercial, residential and light manufacturing. And we estimate about 30 billion… — James Chanos Copy Share
What people don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed… — James Chanos Copy Share
The U.S. healthcare system is probably the most interesting large group of companies that are heading for major problems that we've seen in a… — James Chanos Copy Share
I call it the Rule of Three. If you read a company's financial statements three times, and you still can't figure out how they… — James Chanos Copy Share
Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As… — James Chanos Copy Share
It's very difficult in the technology space when you have been leapfrogged to prosper again. — James Chanos Copy Share
I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls… — James Chanos Copy Share
What American people and what the markets want is a fair and level playing-field, where the rules are clearly elucidated, where the referees are… — James Chanos Copy Share