Chinese Property — Bubble Trouble?

Law360, New York (February 16, 2012, 5:51 PM EST) -- In some ways, you’ve got to admire their cheek. While the governments of U.S. and Europe continue to look to China to shore up their indebted economies, some of the West’s punchiest financiers have been betting big on an implosion within the People’s Republic itself.

America’s most excitable "Panda bear" — hedge funder Jim Chanos of Kynikos Associates — has never visited China. That hasn’t stopped him predicting a crash “like Dubai, times 1,000 — or worse.” Although few of Chanos’ peers go quite so far,...
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