Ex-PBOC Adviser Fan Says Chanos Wrong on China Property: Video
586 views · Published 23 March 2012 · 3:29 · Indexed 21 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
April 27 (Bloomberg) -- Fan Gang, a former Peoples Bank of China adviser, talked yesterday with Bloomberg's Susan Li in Hong Kong about China's measures to cool property prices and the nation's currency policy.
Fan said James Chanos is overly pessimistic about Chinas property market because the hedge fund manager underestimates government efforts to avoid a bubble. Chanos said earlier this month that China is on a "treadmill to hell" because its hooked on property development for driving growth. (Source: Bloomberg)
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