A Bull in China E-Book

Rogers Jim

• Herausgeber: John Wiley & Sons
• Kategorie: Fachliteratur
• Sprache: Englisch
• Veröffentlichungsjahr: 2014

Seitenzahl: 332

Beschreibung

Profiting from China without getting burned is currently an obsession with the international investment community. The estimated size of the Chinese economy has just been revised upwards, making it the 4th largest in the world behind the US, Japan and Germany, and ahead of the UK but the idea that investing in China is a sure-fire, get-rich-quick investment story is dangerously misleading. * The author of the bestselling Investment Biker, Adventure Capitalist, and Hot Commodities, is providing a book that provides a window into what will soon be the most vital, most lucrative market of our time: China. * While the Chinese economy has had an annual average growth of 9.4 percent since 1978, and despite the ongoing speculation about China's future, its stock market is now emerging from a six-year low. * As the Chinese economy continues to lumber toward a free market system - and as the Chinese government inevitably unpegs its currency and opens its stock market to more foreign investment, Rogers foresees an abundance of opportunities for investors. * In this book, he shows readers not only how to take advantage of China's coming dominance - what, where, how, and when to buy - but how China will impact individual companies, markets, and economies around the world. * "Nobody with blue eyes has ever made money investing in China," the old saying goes. Jim Rogers aims to disprove this adage. Jim Rogers co-founded the Quantum Fund and retired at age 37. Since then, he has served as a sometime professor of finance at Columbia University's business school, and as a media commentator. He appears twice a week on Fox Business News, and is the author of three immensely successful books.

Leseprobe

Contents

Cover

Title page

Copyright page

Dedication

Introduction: Catching the China Ride

1: Investing: From Mao Caps to Small-Market Caps

How China Took Stock

Chinese Alphabet Soup

Exchanging Old Ways for New

2: Risk: The Perils of Success

Flash Points and Talking Points

A Thirst for Progress

When All Else Fails, Will China?

3: Companies: Let a Thousand Brands Bloom

Demanding New Brands

Dynamic Dynasties

Dialing for Yuan

4: Energy: Not So Black

Powering Up

Gushing with Pride

Generating Alternatives

5: Transport: Paving the Way

Road Warriors

The Drive for Four Wheels

Another Track

6: Tourism: Up, Up, and Away

The Occidental Tourists

No Place Like Home

The Jet Set with Chinese Characteristics

7: Agriculture: Have You Invested Yet?

Growing Pains

The Great Chinese Takeout

Feeding the Demand

From the Chairman to the Colonel

New Kinds of Reds

A Jolly Green Giant?

8: Health, Education, Housing: Serve the Masses

A Healthy Prognosis

Social Insecurity

Insuring China’s Future

Shelter from the Storm

9: Emerging China: The People’s Republic of Tomorrow

Appendix

Index

About the Author

About the Type

End User License Agreement

Guide

Cover

Table of Contents

Introduction: Catching the China Ride

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ALSO BY JIM ROGERS

Hot Commodities:How Anyone Can Invest Profitablyin the World’s Best Market

Adventure Capitalist:The Ultimate Road Trip

Investment Biker:Around the World with Jim Rogers

A BULL IN CHINA

INVESTING PROFITABLY IN THE WORLD’S GREATEST MARKET

JIM ROGERS

A Bull in China is a commonsense guide to personal finance. In practical advice books, as in life, there are no guarantees, and readers are cautioned to rely on their own judgement about their individual circumstances and to act accordingly.

Published in the UK in 2007 by John Wiley & Sons Ltd,The Atrium, Southern Gate, Chichester,West Sussex PO19 8SQ, EnglandTelephone ([phone]

Email (for orders and customer service enquiries): [email protected] our Home Page on www.wiley.com

First published in the United States by Random House. This edition published by arrangement with Random House, an imprint of The Random House Publishing Group, an imprint of Random House, Inc.

Copyright © 2007 by Beeland Interests, Inc

All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency Ltd, 90 Tottenham Court Road, London W1T 4LP, UK, without the permission in writing of the Publisher. Requests to the Publisher should be addressed to the Permissions Department, John Wiley & Sons Ltd, The Atrium, Southern Gate, Chichester, West Sussex PO19 8SQ, England, or emailed to [email protected], or faxed to ([phone].

Designations used by companies to distinguish their products are often claimed as trademarks. All brand names and product names used in this book are trade names, service marks, trademarks or registered trademarks of their respective owners. The Publisher is not associated with any product or vendor mentioned in this book.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold on the understanding that the Publisher is not engaged in rendering professional services. If professional advice or other expert assistance is required, the services of a competent professional should be sought.

Jim Rogers has asserted his right under the Copyright, Designs and Patents Act 1988, to be identified as the author of this work.

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British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library

ISBN 978-0-470-98561-8 (HB)

For my Chinese-speaking daughter,

Happy—my very best investment ever.

Do not wish for quick results, nor look for small advantages. If you seek quick results, you will not reach the ultimate goal. If you are led astray by small advantages, you will never accomplish great things.

—CONFUCIUS

A revolution is not a dinner party.

—MAO ZEDONG

Introduction: Catching the China Ride

Why invest in China?

After reading this book, I hope you’ll agree that it still offers tremendous opportunities to the diligent investor in the century to come.

That’s just what I said to myself way back in 1984, when I sought to become the first Westerner—maybe the first person ever—to ride a motorcycle across China. At the time, I’d earned enough as a cofounder of Quantum, a global investment fund, to sit in a Manhattan town house and count my dividends. But I’ve always been one of those adventuresome capitalists who would rather see, smell, and taste the real action than sit in a boardroom scanning graphs and charts.

Swapping my three-piece suit for a helmet and leathers, my ultimate aim was to make it around the world on my bike—while seeing as many changing societies and economies as I could put on my odometer. Getting to the Great Wall on my own set of wheels, and getting a read on one great big chunk of humanity, seemed the perfect escape from the pressures of Wall Street.

In the end, it took me more time and pit stops to get the many permits required by the Chinese than it took me to cross over three thousand miles from coastal Shanghai to the Karakoram Highway into bordering Pakistan. I suspect that I probably obtained all those official papers because nobody had ever dared ask to do something that weird.