Markets: China bear Chanos is betting against the miners

Hedge fund manager Jim Chanos is tipping the commodities super cycle is coming to an end, which is bad news for iron ore miners and China.

Legendary hedge fund manager Jim Chanos is betting iron ore miners are in for a steep slide. Putting his money where his mouth is, he is short miner Fortescue Metals Group.

Chanos is tipping the commodities super cycle will have difficulties as supply chases down demand, especially for iron ore and copper markets.

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