China's real estate should be a point of concern for investors, short-seller Jim Chanos, founder of Chanos & Company, said at an investing conference on Wednesday.
"I think what will be happening in the Chinese real estate market will be front and center for investors," he said, adding it could be an endemic issue to the entire world, not only for Chinese developers, given that investments account for a sizeable portion of its economy.
Woes in China's property market worsened in August, with official data showing home prices, sales and investment all falling, adding pressure on the country's economy.
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