Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Sunday, February 20, 2011

Can China Contain Food Price Inflation?

Feb. 20 2011 |Chi Lo, CEO of HFT Investment Management, expects to see another 2-3 more RRR hikes and 2 more rate raises in the first-half of 2011. He tells CNBC's Martin Soong, Karen Tso & Sri Jegarajah that all these steps should be able to contain food price inflation.

China overtook Japan as the second largest economy in the world.

historic Overtaking , China has officially become the second largest economy in the world.According to GDP data from 2010 China is now the second world power China, a place that the Celestial Empire achieved displacing the Japanese : According to the results of Japan's GDP (-0.3% and +3.9% in the fourth quarter of 2010), it formalizes what was already known for some time.

A COMPARISON OF GDP. The comparison of the numbers from China (+10.3% GDP last year) has therefore become second only to the United States. Japan's GDP in nominal terms, amounted to 5.4742 trillion dollars, according to statistics published in Tokyo. The Japanese government states that China's GDP has reached its part the equivalent of 5.8786 trillion dollars. China has for years been on a growth rate close to or above 10%, but its increase in GDP in 2010 was 10.3%. Heavily hit by the global recession in 2008 and 2009, Japan's economy has recovered in 2010, growth reached 3.9%, but this result does not allow Tokyo to maintain its second position in front of the rapid rise of China.

Arab-inspired protest in Shanghai

A call for a "Jasmine revolution" inspired by the protests in the Arab world prompts a small pro-democracy rally in Shanghai.

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
Related Posts Plugin for WordPress, Blogger...