Jim Chanos says this is the biggest investing story that no one is talking about

Abstract

Short-seller Jim Chanos says investors are largely passing over a huge story in China. The nation faces a deepening crisis caused by multiple factors, he says. China's second-largest property developer, Evergrande, has come under scrutiny for its financial dealings. The pandemic has exacerbated the problems, with the government's zero-Covid policy hammering economic activity. "I think that we ignore it at our own peril," Chanos said. The problems run deeper. "We ignore it. I think that I think we ignored it at my own peril. I don't know what is going on," he said.