August 23, 2012

China Is Growing And The Rest Of The World Is Declining

I haven’t sold any of my assets in China. My Chinese shares are for my children. Yes, there are problems in China, sure. But I assure you, if there are problems in China, the rest of us have serious problems, too.

I don’t know if China will grow 7 percent. Why can’t they grow 2 or 3 percent? Two percent is more than fine. The rest of the world is declining. - in CNBC

Related: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.