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%.

Thursday, March 4, 2010

China Military budget Rises by 7.5%

China reins in arms budget


China has announced that its military budget will rise by 7.5 per cent this year, ending more than two decades of annual double-digit increases.

The increase was unveiled on the eve of the annual session of China's parliament, the National People's Congress (NPC).

The meeting of the NPC is the biggest event on the Chinese political calendar, and tight security has been put in place to ensure all goes smoothly.

Al Jazeera's Melissa Chan reports from Beijing.

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Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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