Bloomberg: Jim Rogers Invests in Taiwan on Improving China Ties
Boop boop! I don't like the sound of this.March 20 (Bloomberg) -- Jim Rogers, co-founder with George Soros of the
Quantum Hedge Fund, is investing in Taiwan on expectations this week's presidential election will install a government that will improve ties with China.
Rogers, 65, said he recently bought exchange-traded funds tied to Taiwan, predicting the two economies will ``merge'' and that the island's currency will be boosted by appreciation in the Chinese yuan. The opposition Kuomintang's Ma Ying-jeou and the ruling Democratic Progressive Party's Frank Hsieh both favor closer links with China, which is officially at war with Taiwan.
``Both of them are going to bring peace,'' Rogers, chairman of Rogers Holdings, said in an interview with Bloomberg Television yesterday in Singapore. ``It's ultimately going to be a merger of Taiwan and China. The currencies are going to merge. The economies are going to merge.''
2 comments:
when people say "it's all about money" that's because it is all about money.
``It's ultimately going to be a merger of Taiwan and China. The currencies are going to merge. The economies are going to merge.''
he forgot to add "Whether the Taiwanese want to or not!"
what a pandering bastard!
At the bottom of that article, it says:
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To contact the reporters on this story: Liza Lin in Singapore at llin15@bloomberg.net. Aaron Pan in Hong Kong at Apan8@bloomberg.net.
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Gee, ya think those two could've purposely gone out looking for quotes like that?
Tim Maddog
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