Kynikos's Chanos: China's problem is about credit, not growth

Wednesday, 18 Sep 2013 | 4:35 PM ET

Jim Chanos, Kynikos Associates, shares his reaction to the Fed's decision to not scale back stimulus. And explains why he is betting against China, Herbalife, and a number of other stocks. "Every 3 to 4 years China is doubling debt vs. its GDP," he says.