Money and Finance
- Mall Boom Continues Despite Bubble Fears
Thanks to Will for passing this along. How many shopping malls does China need? If someone has come up with a sound answer for the retail needs of the world's most populous nation it may well have been drowned out by the construction noise from projects...
- Bruce Berkowitz's Big Asset Sales (video)
April 27 (Bloomberg) -- In today's "Movers & Shakers" Bloomberg's Dominic Chu reports that Bruce Berkowitz, manager of the $8.4 billion Fairholme Fund, sold stakes in Citigroup Inc. and China Pacific Insurance (Group) Co. during the quarter...
- Is China's Housing Bubble About To Burst?
In China, house prices in most cities have fallen as government policies aimed at cooling the property market start to take effect, prompting fears from some economists that the house price bubble is bursting. Martin Patience reports from Beijing where...
- Short-seller Chanos: Moody's, S&p Wrong On China
(Reuters) - Hedge fund manager James Chanos, who has been a long-time skeptic on the Chinese growth story, is sticking with his gloomy view of ratings agencies Moody's Corp (MCO.N) and Standard and Poor's, saying their rosy outlook on China's...
- Chanos On China Economy, Property, Europe Debt (video)
Found via Santangel's Review. Oct. 28 (Bloomberg) -- Jim Chanos, founder of hedge fund Kynikos Associates Ltd., talks about the outlook for China's economy and real estate market. Chanos also discusses Europe's debt crisis. He speaks from...
Money and Finance
Bloomberg: Dongguan Ghost Mall Haunts China’s Property Boom
Via The Big Picture.
Bloomberg’s Paul Allen reports from Dongguan, China on the New South China Mall, which has remained mostly vacant since it opened in 2005. Jim Chanos, the hedge-fund manager who was one of the first investors to foresee the 2001 collapse of Enron Corp., reiterated last month China is on a “treadmill to hell” because of a reliance on property development for economic growth.
- Mall Boom Continues Despite Bubble Fears
Thanks to Will for passing this along. How many shopping malls does China need? If someone has come up with a sound answer for the retail needs of the world's most populous nation it may well have been drowned out by the construction noise from projects...
- Bruce Berkowitz's Big Asset Sales (video)
April 27 (Bloomberg) -- In today's "Movers & Shakers" Bloomberg's Dominic Chu reports that Bruce Berkowitz, manager of the $8.4 billion Fairholme Fund, sold stakes in Citigroup Inc. and China Pacific Insurance (Group) Co. during the quarter...
- Is China's Housing Bubble About To Burst?
In China, house prices in most cities have fallen as government policies aimed at cooling the property market start to take effect, prompting fears from some economists that the house price bubble is bursting. Martin Patience reports from Beijing where...
- Short-seller Chanos: Moody's, S&p Wrong On China
(Reuters) - Hedge fund manager James Chanos, who has been a long-time skeptic on the Chinese growth story, is sticking with his gloomy view of ratings agencies Moody's Corp (MCO.N) and Standard and Poor's, saying their rosy outlook on China's...
- Chanos On China Economy, Property, Europe Debt (video)
Found via Santangel's Review. Oct. 28 (Bloomberg) -- Jim Chanos, founder of hedge fund Kynikos Associates Ltd., talks about the outlook for China's economy and real estate market. Chanos also discusses Europe's debt crisis. He speaks from...