Friday, January 16, 2015
China Is Slowing Down But ...
They have been trying to slow things down, they had inflation, they had a property bubble and the government is rightly trying to slow things down.Some of their customers are slowing down, Europe, etcetera. So, yes, things are changing in China, they have been slowing down.
I have been buying Chinese shares for the past year. I did not buy Chinese stocks between 2008 and 2013. But the government came down with a list of the parts of the Chinese economy they are going to emphasize, where they are going to billions of dollars emphasizing these parts of the economy. So I have been buying shares in those sectors of the Chinese economy.
Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
at 10:45 AM