Jim Rogers: China will gain massive power & influence by bailing out EU

 Europe is taking its chance to make sure China knows its arms are wide open for any investment it can get. President Xi Jinping is visiting the continent - and Paris and Berlin have laid out the red carpet.

And the issue of human rights, so often a key part of talks between the EU and China, is strangely absent this time around.

On Thursday, the EU trade chief agreed to drop a probe into under-priced Telecom equipment, imported from China. Karel De Gucht says that's because Europe needs to do much more to attract Chinese investment.

There was some hushed criticism on China's rights record, with Human Rights Watch describing the conditions most Chinese people live in as "appalling". But investor and financial commentator Jim Rogers says Europe knows it has to be nice.



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%.

Jim Rogers : There is no reason for Russia to worry about the western sanctions

There is no reason for Russia to worry about the western sanctions it is facing now over the Ukrainian issue since Moscow has too many other trade partners to work with, Jim Rogers, financial analyst and co-founder of the Quantum Fund, said in an interview with the VoR.

Could China’s decision to purchase superjet planes be viewed as a gesture of support following a series of sanctions imposed by the West against Moscow over the Ukrainian issue?

Of course it is. I’m an American, so I hate to say this, but America is shooting itself in a foot getting the most of our world to pushing China and Russia closer together. And you are going to see more and more trade between the two. And that makes the sanctions against Russia almost impossible, because there are other people who will not play.

And are there chances for the Russia Sukhoi Superjet planes to compete with other major plane-makers?

I don’t think that the Russians have enough to compete with Boeing planes yet. But you are certainly getting better. I mean, as far as cargo planes, you are probably better than anybody else. And if people are forcing you or forcing other people to buy from you, then, of course, your costs will go down, your quality will get better and it will only benefit Russia, but not benefit Europe or America.

I think that’s one reason Europe and America are a little hesitant to do too much about the sanctions, because they know that they may lose more than they will gain.
Read more: http://voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/

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%.