"Our concerns about what we saw in Australia: an economy clearly tied to China has hitched its wagon to the tail of the tiger. In terms of the general complacency, what we heard over and over from investors and clients and potential clients is, 'yes, yes, there are some excesses, but the government will figure out a way."

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Source : "JIM CHANOS: I Visited Hong Kong And Australia, And This Is What I Saw" by Joe Weisenthal, www.businessinsider.com. November 23, 2011.

James Chanos

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