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, January 5, 2012

The Chinese economy is not just real estate and real estate speculation it is much broader than that

Jim Rogers : I do not know if it is a soft-landing. Some parts of the Chinese economy are going to collapse. China has been doing its best to cool off the real estate bubble and they are starting to work. So I suspect some parts are going to have a very hard landing. Other parts of the Chinese economy are going to boom. But when people do slowdown there will be some hard landing in some sectors. Of course this will affect the demand for everything especially copper, cement, and things like that. So I would certainly see a slowdown in China’s demand for building material; things which go into building infrastructure. But that is not the end of the Chinese economy. The economy is not like the one in America and the UK when essentially it was wrapped up in real estate and real estate speculation. The Chinese economy is much broader than that. - in ET Now

3 comments:

  1. China can very well absorb the boom in the property market. I will tell you some of my impressions, however. And I'll start with the primary question. How real is its economic growth?
    apartments chennai

    ReplyDelete
  2. Great post on construction projects. I’m trying for blogs on relevant topics but, very less resource with blog commenting option. This material is quite a bit different in that the information is up to date.

    flats in chennai
    homes in chennai

    ReplyDelete
  3. Blogs are so nice. Your site have the lot of things for the real estate business. thanks for sharing information.

    residential property in chennai

    flat promoters in chennai

    ReplyDelete

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 "
Related Posts Plugin for WordPress, Blogger...