A Bull in China: Investing Profitably in the World's Greatest Market

Jim Rogers



If the twentieth century was the American century, then the twenty-first century belongs to China. Now the one and only Jim Rogers shows how any investor can get in on the ground floor of the greatest economic boom since England's Industrial Revolution. In this indispensable new book, one of the world's most successful investors, Jim Rogers, brings his unerring investment acumen to bear on this huge and unruly land now being opened to the world and exploding in potential. Rogers didn't just wake up a Sinophile yesterday.

He's been tracking the Chinese economy since he first went to China in 1984 in preparation for his round-the-world motorcycle trip and then again, later, when he saw Shanghai's newly reopened stock exchange (which looked like an OTB office). In the decades that followed-especially in recent years, with the easing of Communist party financial dictates-the facts speak for themselves: - The Chinese economy's growth rate has averaged 9 percent since the start of the 1980s. - China's savings rate is over 35 percent (in America, it's 2 percent). - 40 percent of China's output goes to exports (so there's no crippling foreign debt). - $60 billion a year in direct foreign investment, combined with a trade surplus, has brought Beijing's foreign currency reserves to over $1 trillion. - China's 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 world's largest economy in as little as twenty years. But the time to act is now. In A Bull in China, you'll learn what industries offer the newest and best opportunities, from power, energy, and agriculture totourism, water, and infrastructure. In his trademark down-to-earth style, Rogers demystifies the state policies that are driving earnings and innovation, takes the intimidation factor out of the A-shares, B-shares, and ADRs of Chinese offerings, and encourages any reader to trust his or her own expertise (if you're a car mechanic, check out their auto industry).

A Bull in China also features fascinating profiles of Red Chip companies, such as Yantu Changyu, China's largest winemaker, which sells a Healthy Liquor line mixed with herbal medicines. Plus, if you want to export something to China yourself-or even buy land there-Rogers tells you the steps you need to take. No other book-and no other author-can better help you benefit from the new Chinese revolution. Jim Rogers shows you how to make the amazing energy, potential, and entrepreneurial spirit of a billion people work for you.

What will you learn from this book

  1. Understanding China's Potential: Rogers highlights China's immense economic potential, emphasizing its rapid growth, emerging markets, and burgeoning consumer base.

  2. Investing in Commodities: China's economic boom has created significant demand for commodities like oil, metals, and agriculture. Rogers suggests considering commodity investments as China's growth fuels global demand.

  3. Diversification and Risk Management: While advocating for investing in China, Rogers also stresses the importance of diversification. He emphasizes spreading investments across various sectors and regions to manage risks.

  4. Long-Term Perspective: Rogers believes in the long-term potential of Chinese investments. He encourages investors to have a patient and long-term approach when investing in China, considering the country's growth trajectory.

  5. Understanding Chinese Culture and Politics: Rogers suggests that successful investing in China involves understanding its culture, politics, and business practices. Knowledge of local nuances is essential for making informed investment decisions.

  6. Consumer and Technology Sector Growth: With the rising middle class and increased consumer spending, Rogers highlights opportunities in China's consumer and technology sectors.

  7. Government Policies and Regulations: Understanding Chinese government policies and their impact on markets is crucial for investors. Changes in regulations can significantly affect investment opportunities.

  8. Managing Currency Risk: China's currency, the yuan, and its exchange rate policies can impact investments. Rogers advises understanding and managing currency risks when investing in China.

  9. Global Economic Impact: Rogers discusses how China's economic growth impacts the global economy. He emphasizes the interconnectedness of global markets and how China's growth affects other economies and markets worldwide.

  10. Potential Pitfalls: While optimistic about China's potential, Rogers also warns about potential risks such as overheating in specific sectors, regulatory changes, and economic imbalances.

Language English
ISBN-10 1400066166
ISBN-13 9781400066162
No of pages 221
Font Size Medium
Book Publisher Om Books
Published Date 01 Jan 2007

About Author

Author : Jim Rogers

6 Books

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