Product Description

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.

Product Details

• Amazon Sales Rank: #1038 in Books
• Published on: 2007-12-04
• Released on: 2007-12-04
• Number of items: 1
• Binding: Hardcover
• 240 pages

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.

Customer Reviews

Not much substance here
I agree with Jim Rogers. China is way too important for investors to ignore. China is growing fast and they are here to stay and perhaps are on their way to become the next great world power. But I found Rogers' book very flimsy. If you are unfamiliar with the changes in China, there are many other better books that can help you to better understand the changes. If you already know about these changes, then this book adds hardly anything. Book is also poorly organized. One minute he can be talking about the different dynasties or the cultural revolution, the next minute he talks about the newest companies in different industries.

From an investor's perspective, it gives you some information about various companies and types of shares (ie: A shares, H shares, etc.). There is no depth though. There are lists of companies in various industries, but Rogers provides hardly any information. He also does not teach you how to find out more about these companies and regulations that might affect investors. For example there are no answers to important questions like: Does China have anything analogous to SEC, GAAP? Where can we get financial statements on companies listed in Shanghai stock exchange? What is executive compensation like? Etc.

If you are thinking about investing in China then it is important to understand their culture, politics and recent business environment and Rogers tries to provide readers with some basic material here, but the lack of depth or new insights make this book not worthwhile. Here are some other books that I recommend:

China Wakes (a little outdated but still very important)
China Road
Wild Swans

Who will eat your lunch?
As a professional in the investment business I highly recommend this book. I will sum it up in a few words. A book that all CEOs, World Leaders and anyone serious about understanding the positioning of the United States in the decades to come. A fascinating book written by an intriguing person, the combination equals a must read.

So When Do We Call It Treason?
Here is a very very far fetched scenario..A professor and his University department and his entire staff works for 10 years using US taxpayer supplied grant money to do research into...lets say GeoSpatial Satellite sytems, its not directly military, no, there is nothing really secret about it, no sir..but it cost the US taxpayer hundreds of millions of dollars. And lo and behold many of his research assistants..just so happen to be Chinese...in fact they were sent to the USA by the Chinese
Communist (there that word is again) Government to the USA precisely to take classes with this professor and to work ever so diligently, almost facelessly until they are in the good professors good graces, standing right at his elbow...taking notes so diligently on GeoSpatial Satellite
technology. Then..lets pretend that they finally graduate and well just seem to disappear. Some time passes and what do you know there is a
miraculously advanced Chinese space program underway. Gosh they are just
advancing leaps and bounds. Jim Rogers and his gang is right there applauding at the marvelous hi tech super power China is becoming and pours his Billions in encouraging others to do the same... the profits are fantastic. Then on page 137 of 2012 Janes Defense Intelligence Yearbook..there is a article on Chinas new GPS guided weapons systems including their nuclear missle guidance systems. It seems the USA is now involved in a new crushingly expensive arms race. But what does this have to do with the good ol'boy from Demopolis Alabama who is such a nice guy? And when in the far distant future..say 2016 some working class American kids who enlisted to escape the America Jim Rogers and gang plundered are
finally incinerated by a GPS guided cruise missle launced by terrorists using Chinese technology bought on the black market...again what does that have to do with good ol Jim?