Singapore, China, Sri Lanka, etc.. are all Asian countries which Jim Rogers has mentioned he would invest them. Apparently, Jim Rogers does not want to invest in Korea due to their regulations on foreign investors.
“I have various views on Korea, but do not invest there since Korea makes it extremely complicated for foreigners to invest there,” Rogers said. “I know Korea says loudly and widely that it welcomes foreign investors but Korea’s actions tell a different story. They have driven me away and presumably others as well.”
Rogers doesn’t have anything personal against Korea, he was simply turned off with the stringent regulations. Jim Rogers continues to like its prospects in the coming years.
“It’s a wonderful country, I love it there,” he said.
“It will give Japan a gigantic run for their money. Maybe that’s why Japan is against the merger.”
Source: The Korea Herald
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Fri, Oct 16, 2009
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