The emergence of China as an economic superpower |
« Jim Rogers and China’s Stock Market | Main | Best Wishes to Shaq »
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Aug18
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 Chinese investors liked hearing what Jim Rogers said. They know who Jim Rogers is. They believe he has golden fingers, and they have started buying stocks because Jim Rogers said so. Shortly, people found that Jim Rogers’s old friend George Soros was indeed buying more Chinese stocks. But Jim Rogers didn’t. Now the Chinese said, “George Soros is like a cup of tea, a cup is a cup. But Jim Rogers is more like a cup of beer, half is beer, the other half is bobble.” |
We have to take caution with Chiness Market. It raises within a week, but it drops within less than an hours.
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Rather interesting commment on the market. The thing about underdeveloped and ceritainly under regulated market like that of china is this: you can say something absolutely rubbish (not this is necessarily the case) people will praise you as long as you are saying something positive. With limited financial assets to choose from and probably the most volatile market in the world. Investing in China is more of a gamble than anything else, especially in the short run. ----------------------------------------------------------------btw, I feel embarrassed to say this but I can't seem to find your email address. So I'm leaving mine here :) Looking forward to hearing from you.
Posted by: Mr.GQ | August 19, 2006 2:24 AM | Permalink to Comment