Beijing, China (February 02, 2012) /Xinwengao.com/ — In a bold refutation of prominent China doomsayers including New York University professor Nouriel Roubini and hedge fund manager Jim Chanos, Jack Perkowski, a.k.a. Mr. China, tells China Money Podcast now is a great time to invest in China because the Chinese government will ensure its economy staves off a crash scenario.

“There are a lot of opportunities in China. It’s still very early in the game,” says Perkowski. “Those predicting a hard landing didn’t take into account of the fact that the Chinese government has all of the monetary and fiscal tools at its disposal.”

Perkowski, founder and managing partner at China-focused merchant bank JFP Holdings Ltd., has twenty years of experience investing on the ground in China. He came to China in the early 1990s and founded ASIMCO Technologies Ltd., now one of the largest independent auto component manufactures in China. That pioneer journey made him one of the most successful Western businessmen in China and gained him the moniker, Mr. China. He made the above comments while being interviewed on the latest online episode of China Money Podcast.

Among all the investment potentials, Perkowski favors environmental and energy efficiency technologies, health care and the financial services sector.

“Anything relating to the environment (that) helps improve energy efficiency and reduce emissions (and so on) will be big opportunities, (and) health care, one of the last big industries that’s being opened up for outside investors,” says Perkowski.

“The whole financial services sector will be huge,” Perkowski goes on saying. “China still has a 50 percent savings rate and the insurance sector is growing at 25 percent a year, not because the Chinese are in love insurance but because they look at insurance as another place to put their savings.”

Those who predict that China will inevitably suffer a hard landing, defined as an annual growth rate below 7.5 percent, underestimate the resources available to the Chinese government to manage the economy.

“China needs to grow at somewhere between 7 to 9 percent (annually) to have an economy to absorb all of the new workers every year,” says Perkowski. Therefore, with social stability top on their mind, China’s leaders will do everything to ensure growth does not fall beneath that key level.

After selling ASIMCO Technologies Ltd., then with sales of over US$500 million, to Bain Capital in 2009, Perkowski founded Beijing-based JFP Holdings in the same year. JFP Holdings helps global companies on their China strategies and assists Chinese companies to develop their global footprint.

About China Money Podcast
China Money Podcast is a top rated audio talk show series focused on investing in China. With prominent guests ranging from China-focused fund managers, economists to analysts, the podcast is widely followed by the investment community in and outside of China. Hosted by Nina Xiang, a Beijing-based veteran financial journalist, the podcast is the source of insights on-the-go for any investors interested in investing in China. The show is available as a free audio download from http://www.ChinaMoneyPodcast.com.

CONTACT INFORMATION

• Belinda Wang
  China Money Podcast
  +85281917129
  

The press release Mr. China Says The Nation’s Economic Boom Is Far From Over comes from Xinwengao.com press release distribution and journalist media database service in China.

Beijing, China (November 25, 2011) /Xinwengao.com/ — Jim Rogers, Chairman of Rogers Holdings and a famed investor, says he sees more trouble ahead for the world economy in the next few years, and is shorting shares in various markets.

“I mainly short shares around the world,” says Rogers. “I have shorted American technology companies, I have shorted European stocks and shorted emerging market stocks.”

Rogers made the comment while talking to China Money Podcast (http://www.ChinaMoneyPodcast.com), a top-rated audio program focusing on investing in China.

Long known as a China Bull, Rogers turned pessimistic about China’s economic future in light of the on-going economic malaise in the U.S. and Europe. “I don’t see a resumption of the bull market in many places in the world until we have the next economic problems in the US, which will be fairly soon,” says Rogers.

Having moved to Singapore in 2007 to be closer to the investment opportunities in China, Rogers warns investors to be cautious on China’s property bubble. But he also points out that investors should differentiate China’s property bubble with that of the U.S. “China’s property market has a price bubble, but not a credit bubble the US had,” says Rogers.

The outspoken author of a number of best selling books, including A Gift To My Children, is a firm believer of the Chinese currency’s long-term potential. “The Renminbi will go massively higher over the next few decades,” says Rogers, who goes on to warn U.S. politicians, who have repeated blasted China for manipulating the RMB, to be careful of what they wish for.

“Manipulation is the wrong world. (China) has a managed float. Once the Chinese currency is freely convertible and freely traded, you are going to have a lot of people leaving the U.S. dollar and going into the RMB. Then the U.S. is going to lose its status as the world’s reserve currency.”

Though the intellectually intense investor believes that China should allow the RMB to rise faster against the dollar, he says it is China’s currency, and China should be the one making the decisions.

“If someone called up the American government, and went into the press everyday and said to America this is what you have to do with your currency, America would be furious. America would be shrieking, yelling and probably dropping bombs on that country,” says Rogers.

— About China Money Podcast —

http://www.ChinaMoneyPodcast.com

China Money Podcast is a top rated audio talk show series focused on investing in China. With prominent guests ranging from China-focused fund managers, economists to analysts, the podcast is widely followed by the investment community in and outside of China. Hosted by Nina Xiang, a Beijing-based veteran financial journalist, the podcast is the source of insights – on-the-go – for any investor interested in investing in China.

CONTACT INFORMATION

• Belinda Wang
  China Money Podcast
  +85281917129
  

The press release Jim Rogers Is Mr. Big Short As He Sees More Global Economic Woes, A Robust Chinese Currency, And An Ugly Chinese Property Bubble Burst comes from Xinwengao.com press release distribution and journalist media database service in China.