Wikinvest Wire

Jim Rogers on China

Friday, July 31, 2009

Jim Rogers talks to Bloomberg about the latest developments in the Chinese economy.

He says he hasn't bought any stocks in China since last fall and that real estate prices are back to their highs from a couple years ago, but he doesn't seem very concerned about excessive bank lending that has reportedly fueled these gains.

Maybe Jim should have a look at this Bloomberg report about Andy Xie's recent comments on this subject - China to Cut Loans as Stocks ‘Bubble’ Grows.

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Anonymous said...

I don'k know whose official numbers to believe more - USA's or China's.

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