Jim Rogers called the 5 key industries in China, which are the most attractive for investment. This w / d roads, health, tourism, defense and technology for the purification of the environment from pollution - Materials AMarkets.
Rogers also warned that if suddenly the Chinese authorities will intervene in the affairs of the stock market in China - it will be bad. In particular, the government can take steps to protect businesses in the active stage of bankruptcy. Thus, the Chinese government will repeat the mistakes of Japan with all its consequences. One of the possible consequences - the appearance on the market of "zombie banks" - the phenomenon from Japan took away many points of growth in the segment of two decades. Rogers believes that a healthier solution - give the market to reach the bottom safely to markets got reset and start over with a clean slate, so to speak, "without tails."
That respect to attractive sectors for investment, Rogers believes that someone will make a fortune on clearing the atmospheric environment of China. This is an industry in which Rogers has invested personally and grand plans for it.
Alas, not all so optimistic as Jim. For example, billionaire investor David now believes that soon will survive another devaluation of the yuan. Since the moment the currency markedly overvalued and there is a large space for its decrease. Odie from Crispin Odey Asset Management ($ 12 billion under management) believes that the Middle Kingdom will be forced to devalue the yuan by at least 30%.