Water Problem biggest challenge facing China says Jim Rogers

Commodities investor Jim Rogers explains why he chosen to move to Asia and in particular to Singapore : ...well Singapore has many advantages , great healthcare great great education , everything works in Singapore and they have clean air , we love the Chinese cities we love Honk Kong and Shanghai we love these cities but the air is just too horrible I do not want to breath that air and I certainly do not want my wife and children breathing that air ..." "the biggest challenge in China is that still have a lot of subsidies that they need to eliminate including the currency which is too tightly controlled that's got to change before they can really become a great nation and of course they have a big water problem , if they do not solve the water problem there is no china story , India has a worse water problem than china by the way but china got to do something about its water problem or it is the end of the story "

Water Problem biggest challenge facing China says Jim Rogers

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.