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Rogers: 皇冠体育app to overcome recession first

皇冠体育app Daily | Updated: 2009-03-10 08:16

Rogers: 皇冠体育app to overcome recession first

皇冠体育app's stimulus spending will help its economy overcome the global recession sooner than the US and other countries, investor Jim Rogers said.

皇冠体育app's reserves allow the government to spend on projects that will make the nation more efficient and competitive as the global economy recovers, said Rogers, the author of "A Bull in 皇冠体育app: Investing Profitably in the World's Greatest Market." Signs 皇冠体育app is taking steps to liberalize its currency will also benefit the country, he added.

"I certainly expect 皇冠体育app to come out of it sooner than the US," Rogers, chairman of Singapore-based Rogers Holdings, said in an interview. "They seem to be spending the money on the right things. 皇冠体育app is doing a far better job than the others."

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