China Could Experience Major Credit Event In The Next 5 Years: Chanos

In yesterday’s Bloomberg Markets 50 Summit, several big names of the hedge fund industry were among the speakers, including, Jim Chanos, Mark Lasry and Bruce Richards. The conference included panelists like the noted China bear Jim Chanos and an established China bull Jim O’Neill, former chief economist at Goldman Sachs Asset Management. Watch Jim Chanos and Jim O’Neill on Bloomberg Markets 50 Summit here. Chanos talks about credit and housing bubble in China Chanos’ views on China have not changed; the somewhat better economic growth that the region has managed in the past quarter has failed to shake the hedge fund manager’s…