Jim Rogers on the Chinese Economy

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Includes: FXI, HAO-OLD, PGJ, TAO
by: Tim Iacono

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

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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.