China Growing Middle Class

China's GDP will match that of the US by 2020 , increasing prosperity has led to the rise of powerful middle class and businesses around the glob are taking notice , for the first time China has a middle class that's because income in China has quadrupled in the last ten years additionally more than a third of the population are under twenty five , those young buyers will increasingly have money to spend ,that's the reason why  GM now sells more cars in China than it does in the US




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers on FOX Business News - May 11 2011

Jim Rogers : I am a citizen (of the US ) and a tax payer and a voter ...Singapore has been enormously successful in the last 40 years it has been astonishing and a lot of that it was because of the very strict discipline , now a lot of other nations should have had strict discipline they have not , The Congo has a very strict political system but they gone down the tubes in the last 40 years ...now as far as China , they call themselves communist but they are amongst the best capitalists in the world , California is more communist than China ...All the businessmen I know most of them they say we rather do business in China than just about anywhere , because if you need something unless it's absurd you can get it , you can get it done



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.