Jim Chanos shorts the clearest symbol of the rise of China and resultant iron ore gold rush in...

|By:, SA News Editor

Jim Chanos shorts the clearest symbol of the rise of China and resultant iron ore gold rush in Australia - Fortescue, whose shares have risen more than 560X over the last decade. Against his short, he's long BHP, also heavily exposed to China, but better diversified and a with far less-leveraged balance sheet.