The trade war between China and the US is taking another casualty, says super-investor Jim Rogers: the US dollar. He will no longer bet on the US currency, as a downturn is nearing fast in a few years’ time, he tells according to News Max. Although for gamblers, buying US dollars for the short run might be an opportunity. In the long run he will switch to China’s renminbi or gold.
China’s currency, the yuan, is on a downward track, not because of government action, but is a market reaction on the US tariffs on Chinese goods, says investment guru Jim Rogers. Washington has to blame itself for the weakening yuan, he tells in the Stocknewsbrief.com.
Hong Kong’s days as a financial market are not yet numbered, but in the long run, the city has tough problems, says celebrity investor Jim Rogers to RT. Rogers is Singapore-based, an island that hopes to benefit from the downturn of Hong Kong as a recession is looming.
China is not manipulating its currency, says trader Jim Roger. When your currency gets hit by massive tariffs it is basic economics your currency goes down, he says to RT. “No trade war is good for anybody. Everybody loses. ” Jim Rogers is a speaker at the China Speakers Bureau.Read More →
China stocks show some volatility right now, but superinvestor Jim Rogers is not going to sell his shares in the Chinese economy now, he tells. China stocks might have been overpriced, but there was certainly no bubble, he adds. Jim Rogers is a speaker at the China Speakers Bureau. DoRead More →
Investor Jim Rogers tried to buy an ice-cream in Beijing but discovered you cannot buy it for money, you need a mobile. Alibaba and Tencent have become giant technology firms that have changed day-to-day life.
China will benefit greatly from the Korean reunification, argues investor Jim Rogers, as will North Korea. Many North-Koreans already live in China, and those will be important when political changes take place.
Renowned investor Jim Rogers tells how he saw China change over de past decades, and how US states like California or Massachusetts are now more communist than capitalist China, he tells at Stansberry Research.
Renowned investor Jim Rogers learned from the China market 23 years ago in a painful boom-and-bust cycle. Now he is bullish on China, but shares a few tough lessons he learned in those early days, he will not forget, he writes in the Daily Wealth.
China’s economy is going through a reduced growth and, says investor Jim Rogers, that might be an excellent idea as the country has to bring back its debts, he says on his weblog. ‘China’s economy is slowing, fortunately for China and fortunately for the world.”
While renowned investor Jim Rogers is a firm believer in the blockchain technology and is sure that China leads the way in digitizing money, he believes that governments will stick to their own currencies, rather than crypto ones, he says on his weblog.
US investor Jim Rogers started to explore China in 1984 and has since become a bridge builder between the East and the West. At China’s state TV CGTN he dives into his views on China, the way he raises his family in Singapore and the ongoing madness in Washington. Jim Rogers published several bestsellers, including A Gift to My Children: A Father’s Lessons for Life and Investing.