Monday, March 17, 2008

‘Buy low and sell high’

I have sold all emerging markets except China: Jim Rogers

The 21-per cent year-to-date decline of the Shanghai Composite Index notwithstanding, American investor and investment guru Mr Jim Rogers remains optimistic on the prospects of China.
When Business Line queried him over the e-mail about his views on India emerging as a strong competitor to China as a major manufacturing hub, Mr Rogers said, “I can see little reason anyone would open in India, instead of China.”

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