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A Bull In China: Investing Profitably In The Worlds Greatest Market J. Rogers

A Bull In China: Investing Profitably In The Worlds Greatest Market

J. Rogers

Published
ISBN : 9780470985618
Hardcover
221 pages
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 About the Book 

If the twentieth century was the American century, then the twenty-first belongs to China. Jim Rogers shows how any investor can get in on the ground floor of the greatest economic boom since Englands Industrial Revolution. In this new book, RogersMoreIf the twentieth century was the American century, then the twenty-first belongs to China. Jim Rogers shows how any investor can get in on the ground floor of the greatest economic boom since Englands Industrial Revolution. In this new book, Rogers brings his unerring investment acumen to bear on this huge land now being opened to the world and exploding in potential. Rogers has been tracking the Chinese economy since he first went to China in 1984. In the decades that followed, the Chinese economys growth rate has averaged 9 percent. Chinas savings rate is over 35 percent. 40 percent of Chinas output goes to exports. $60 billion a year in direct foreign investment, combined with a trade surplus, has brought Beijings foreign currency reserves to over $1 trillion. Chinas fixed assets - ports, bridges, and roads - double every two and a half years. In short, if projections hold, China will surpass the United States as the worlds largest economy in as little as twenty years.