Sept. 22 2010 | While China intends to let the yuan appreciate, it is in no hurry to do so, observes Chong Yoon-Chou, Investment Director Aberdeen Asset Management. He shares his views and investment strategy, with CNBC's Bernard Lo.
JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
Thursday, September 23, 2010
China Not Ready for Large Scale Yuan Appreciation
Sept. 23 2010 | “There are lots of reasons for trade imbalance or surpluses and currencies is one of them,” Alexander Feldman, president of US-ASEAN Business Council told CNBC.
Jim Rogers on Double dip recession
in The Telegragh
Jim Rogers, the market sage, has warned the global economy is just two years away from another recession, but remains ill-prepared to cope with the after-effects.
Jim Rogers is predicting new recession in 2012.. So sayeth the Telegraph in a brief overview of his recent comments to CNBC:
"Mr Rogers, the respected currency trader and hedge fund pioneer, cautioned that when the downturn takes hold "the world is going to be in worse shape because the world has shot all its bullets."
Speaking in an interview with business television channel CNBC, the septuagenarian investor said that "since the beginning of time" there has been a recession every four-to-six years, and that's mean another one is due around 2012..."
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