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"This is happening now," says Jim Chanos of the property collapse in China. He relates a story...
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Tuesday, September 20, 2011, 3:41 PM ET"This is happening now," says Jim Chanos of the property collapse in China. He relates a story from the chairman of Komatsu (KMTUY.PK), who says he is having trouble getting paid for machinery sales there. With the focus on Europe, the story people are missing is the reversal in the world growth machine.
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