I am excited by what happened. Chinese had an exciting announcement in 1978 and then in 1993, they said that this announcement is as significant and as exciting as what happened previously in those two years. So far what I have seen that corrects some sectors of the Chinese economy and as you all know if you can find a government that is going to spend a lot of money or give a lot of incentives to a sector you should put your money into that sector too. So the Chinese are clear that they are going to do something about railroads, healthcare, agriculture, pollution. They have made it pretty clear they are going to do something, so I would suggest that people read what they have said and then try to find some stocks in those areas. - in Money Control
Related ETFs: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.