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Jim Rogers : ….because I expect the U.S. and Europe to slowdown in 2013 and 2014. Sure, some parts of the Chinese economy will be fine, but most of China, especially those dealing with Europe and the U.S. will have problems.
China is spending billions of dollars to clean up its air and water, so (environmental technology and) water treatment sectors will do very well. If you are in agriculture, you will not care if America is in trouble.
Also, some parts of the Chinese economy will still have a hard landing, such as the property sector. So it’s a mixed bag.
The Jim Rogers Blog: Videos, Articles, and Summaries
The Jim Rogers Blog features articles and videos from Jim Rogers. A summary of each video is also provided. This page is updated with Jim Rogers' investment advice and commentary on stock recommendations, the global financial markets, and the economy.
Jim Rogers is a worldwide respected writer, economist, and investor known for his accurate assessment of the world economy, stocks, and the stock market. Jim Rogers is the chairman of Rogers Holdings and Beeland Interests, Inc. He also founded the Quantum Fund with his friend and fellow investor George Soros and he is credited with the creation of the RICI Commodities Index.