China Slowdown is a No News

JIM ROGERS : "For three years China has announced publicly, loudly and clearly it is trying to slow its economy down. They wanted to pop their real estate bubble and do something about inflation so they have slowed things down. What is the surprise here? What is the news?" in CNBC

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%.

China doing its best to slow things down

Jim Rogers : the Chinese are doing their best to slow things down. they have raised interest rates six times,they've raised reserve requirements a dozen times. they're trying to slow things down and that happens to affect everybody in Asia including in Singapore , everybody's going to have problems in the next couple years, because the china is trying to, and the west doesn't have any choice. - in CNBC 06 Dec 2011
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