The Awesome Reason Why Jim Chanos Is Bullish On Macau

Jim Chanos

Photo: Bloomberg

Well-known China bear Jim Chanos was on Bloomberg TV just now. Yes he’s still negative on China, etc.But he is long Macau, the gambling centre.

When asked why he said:

“Yes, its part of our Long corruption, short property play.”

In other words, it remains a fantastic place for laundering money.

Click here for 10 facts about Macau >

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