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China New Village in the Sky Makes Chanos Predict Dubai One Thousand Times

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BEWARE TALL BUILDING INDICATOR
The township of Huaxi in the Yangtze River Delta has an ambitious project coming up: a 6 billion yuan, 538-meter skyscraper that would today rank as the world’s second tallest. The only loftier building is the new Burj Khalifa in Dubai, according to Bloomberg. "Such undertakings figured in warnings hedge fund manager Jim Chanos delivered in January that China is Dubai times a thousand."
SOURCE:   Bloomberg

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