Jim Rogers : China is going to be the next great country in the world whether we like it or not

Jim Rogers : "...what we all need to understand is the rise of China of course , everybody talks about China these days most people do not seem to understated what's really happening in China , China is going to be the next great country in the world whether we like it or not , the 19th century was the century of the UK , the 20th century was the century of the US , the 21st century is going to be the century of China , now I know they call themselves communists in China but let me tell you they are amongst the best capitalists in the whole world , in fact in China they save and invest over 35 percent of their income , in America we save and invest 2 or 3 percent of our income , in China they work from Dawn to Dusk , when they come to work they do not say how many days of holiday do I get they say how many days can I come to work , there are going to be set backs in China over the long way there certainly going to be problems just as there were in America as we rose to power and glory , every country every individual every company every family that rises has problems along the way they will too , but when you problems in China do not think it is the end of the story try to get more involved and try to understand because this rise in China is going to be going for a long time it's has been the most successful country in the past thirty years they will continue for a long time "




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%.