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%.

Sunday, June 27, 2010

China tourism in recession

China's tourism industry is suffering as fewer tourists travel to the country.

The drop in visitor arrivals comes as international tourists continue to face high travel expenses triggered by the strong yuan, making China a more expensive destination to visit.

Al Jazeera's Harry Fawcett reports from Beijing, the capital of China, where businesses are finding it hard to cope.

June 22, 2010

Jim Rogers : China can stand on its own two feet when the United States in a recession

The U.S. is the largest economy in the world, and in my view it's in a recession now, and that's going to have an effect in many places. However, China has a lot of internal growth now which is independent of the U.S.—things like water, tourism, agriculture, or power generation. If the U.S. totally collapsed, people in agriculture in China are never going to know it because there's such a gigantic future there. in usnews.com
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 "
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