Investors are mistaken to focus on the export sector in China, which only accounts for 5% of...
Investors are mistaken to focus on the export sector in China, which only accounts for 5% of GDP. The construction industry is 60% of GDP. "It's all real estate," says Jim Chanos, who continues to make the case for a capital spending bubble. His shorts include any company that sells industrial metals or cement to China.
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