Interview with Jim Rogers, Part II: China as World’s Best Long-Term Profit Play [View article]
The Chinese have a 50% savings rate. Their stock market is small compared to the real economy. The population is educated and adaptable. I wouldn't bet against them at this point.
The difference between the Chinese and the Russians is their business sense. Have you been to China lately. Every neigborhood looks like a China town. There are more small shops / business owners than sands on the beach.
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The Chinese have a 50% savings rate. Their stock market is small compared to the real economy. The population is educated and adaptable. I wouldn't bet against them at this point.
Aug 23 04:33 am
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All Comments by I'm a Sucker »Interview with Jim Rogers, Part II: China as World’s Best Long-Term Profit Play [View article]
The difference between the Chinese and the Russians is their business sense. Have you been to China lately. Every neigborhood looks like a China town. There are more small shops / business owners than sands on the beach.