Among the more popular questions “All Things Jim Rogers” receives is “How can we invest directly in China” and “What does Jim think about India?”. The former is quite obvious, Jim has been investing in China before anyone on Wall Street took notice. The latter, comes from India’s astonishing GDP growth rate in the past decade. So what does Jim think now, India and China offer “spectacular opportunities”
How fast is India growing?
India’s economy probably will grow less than 7 percent in the financial year ending March 31, Montek Singh Ahluwalia, deputy chairman of the nation’s Planning Commission.
Why hasn’t Jim Rogers jumped on the India bandwagon despite offering “spectacular opportunities”
India’s politicians are one of the “major problems,” Rogers told the Wharton India Economic Forum via video link from Singapore.
The country has the “single worst bureaucracy in the world.” If a person can deal with that, “there are fortunes” to be made by investing in India, Rogers said.
Source: Bloomberg-India’s Ahluwalia Says “More Room” for Interest Rate Cuts
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March 22nd, 2009 at 5:01 pm
Notice J.R. does not live in China.
If you want to invest in China, Taiwan companies are better.
Taiwan has political stability.
Singapore is a (good) ethnic dictatorship, but the ruling ethnic group is in demographic decline, and plays a dangerous game of divide and rule over its Chinese, Indian and Malay citizens.
Have you heard of a similar place called Lebanon?
March 23rd, 2009 at 2:57 am
DaSui,
Jim Rogers already explained that he would have moved to China, but that the pollution there is just too great for his growing children. Singapore was a nice compromise for him.
Really there is not place safe for today’s larger investors. Although I do envy JR for his money, I really don’t know what I would do with all of it if I were him–being afraid of losing it to the political and economic instability of just about every country on earth. I know that it sounds worn out, but my option would be physical gold held in that Australian mint, and other places. Agriculture might be good, too, but I don’t have JR’s expertise on that subject.
March 24th, 2009 at 8:51 am
Well, probably JR is not that afraid of losing money and this is exactly why he is a multi-millionaire.