Chanos Says China Poses Global Risk If Growth Model Falters
- More ‘muscular China’ focused on national defense raises risks
- China’s debt-fueled growth model has run its course: Chanos
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Chinese President Xi Jinping has put ideology over the nation’s economy, raising the risk to the rest of the world, according to famed short seller Jim Chanos.
Xi, who came to power more than a decade ago, marks a change from previous leadership that prioritized growth for the world’s second-largest economy, the president of Chanos & Co. said Thursday in an interview on Bloomberg Television.