Jim Rogers Bullish On Chinese Stocks Despite Recent Sell-Off

Investor, author, and financial commentator Jim Rogers has been bullish on China for a number of years now. And despite the Shanghai composite index falling 37 percent since the sell-off that began in June, the former investing partner of George Soros in the legendary Quantum Fund is still fond of the Asian economic giant. From the website of international multimedia news service Sputnik International Monday:

The Chinese economy has a great potential for development and will surely recover from the recent downturn, prominent US investor Jim Rogers said in an interview with the Japanese newspaper Nikkei…

China has a great scope for growth, especially in logistics, tourism and the agricultural industry, the investor said.

He explained that his outlook is based on long-term perspectives which are often ignored by others. Now, it is high time to buy Chinese shares, not to sell, he believes

(Editor’s note: Bold added for emphasis)

Not only does the Singapore-based investor talk the talk, but he walks the walk. On September 3, an article on the Asia Times (Hong Kong) website mentioned the following concerning Jim Rogers’ well-publicized sale of Indian stocks:

After exiting India, Rogers bought Chinese shares during the two-three days when its market collapsed

(Editor’s note: Bold added for emphasis)

According to that Sputnik piece, Rogers is planning to visit China and Russia “to assess the investment climate for his upcoming projects.”

Stay tuned all your Rogers followers…

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)

Sources:

“Prominent Investor Places His Bets On Russia, China.” Sputnik International. 7 Sep. 2015. (http://sputniknews.com/business/20150907/1026677754/jim-rogers-invest-to-china-russia.html). 9 Sep. 2015.

“Investor Jim Rogers takes too hard view on India.” Asia Times. 3 Sep. 2015. (http://atimes.com/2015/09/investor-jim-rogers-takes-too-hard-view-on-india/). 9 Sep. 2015.

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