Jim Rogers is Right The Future Is Asia

China is already the third largest World Economy surpassing Germany .Welcome to the Asian Century

One major reason for the belief in a coming Asian Century is the remarkable economic growth in Asia, and the continuing growth rates.
BEIJING, China (CNN) -- China has become the world's third-largest economy, surpassing Germany and closing rapidly on Japan, according to government and World Bank figures.

The Chinese government revised its growth figures for 2007 from 11.9 percent to 13 percent this week, bringing its estimated gross domestic product to $3.4 trillion -- about 3 percent larger than Germany's $3.3 trillion for the same year, based on World Bank estimates. Beijing is expected to release its 2008 GDP figures next week.

Although the world's top economies, the United States and Japan, are in recession, the most pessimistic estimates for China's growth in upcoming years runs about 5 percent. That could allow China's GDP to overtake Japan's, currently $4.3 trillion, within a few years.

The U.S. economy, the world's largest, was about $13.8 trillion in 2007.

Full Article :

Jim Rogers Dow 1 Million Sure Why Not ?

Jim Rogers Was Here!

Recently by Jim Rogers: Dow 1 Million? Sure, Why Not?

It came as a pleasant surprise and will certainly stimulate Colombo’s stock market which is yet to take off after the LTTE was defeated in May, ending over 25 years of fighting. Unknown to many, Jim Rogers, a 67-year-old entrepreneur who first started business as a 5 year-old selling peanuts and then went on to co-found the mega Quantum Fund with billionaire George Soros, visited Sri Lanka last week in a trip that would have raised a lot of interest if those, particularly, in the private sector were aware.
Rogers, an investor with an adventurous streak and frequently quoted by news media on investment options where he has said Sri Lanka is a better bet than India or China, had spent three days here and also visited Kandy. There was no confirmation as to whether he met corporate bosses or private sector executives and whether he came on invitation from the government (he had met mostly government bigwigs) or flew in as a tourist.

Rogers has said that he would recommend to investors the sectors that they need to put their money in, and if this is true, that’s a huge boost to Sri Lanka. Last month, a Central Bank team of officials went on an ‘investment update’ to Singapore, Hong Kong, the US – Los Angeles, San Francisco, Boston, New York, London, Bahrain, Dubai and Mumbai meeting some 105 big-time investors and explaining investment prospects.
Via :
Read Full article :