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

Rogers, Jim

Hardcover

ISBN 10: 1400066166 ISBN 13: 9781400066162

Publisher: Random House, 2007

Synopsis

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 to tourism, 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.

About this title

From the Back Cover:

“[Jim Rogers] presents the case that this truly is going to be China’s century and that anyone who doesn’t take advantage may be taking a big risk.” – The Boston Globe

IF THE TWENTIETH CENTURY WAS THE AMERICAN CENTURY, THEN THE TWENTY-FIRST CENTURY BELONGS TO CHINA.

According to the one and only Jim Rogers, who’s been tracking the Chinese economy since he first went to China in 1984, any investor can get in on the ground floor of “the greatest economic boom since England’s Industrial Revolution .” But the time to act is now.

In A Bull in China, you’ll learn which industries offer the newest and best opportunities, from power, energy and agriculture to tourism, water and infrastructure. 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 profiles “Red Chip” companies, such as Yantai Changyu, China’s largest wine-maker, 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.

“Rogers races through the promising and profitable business opportunities China has to offer – in a manner and prose far superior to any other current financial guru-writer’s.” – Booklist

 

About the Author:

Jim Rogers co-founded the Quantum Fund and retired at age thirty-seven. Since then, he has served as a sometime professor of finance at Columbia University’s business school, and as a media commentator worldwide. He is the author of Hot Commodities, Adventure Capitalist, and Investment Biker. He lives in New York City. His website is www.jimrogers.com.

About this edition

• Publisher: Random House
• Publication date: 2007
• ISBN 10: 1400066166
• ISBN 13: 9781400066162
• Binding: Hardcover
• Edition number: 1
• Number of pages: 221