Question asked to Jim Rogers...
HAI: The market panicked when Chinaâs stock market fell in February. Was that a blip, or signs of a bubble beginning to burst?
Rogers: Anybody who sold stock in the West or in Japan because China had a 9 percent drop in one day is a little bit nuts. The Chinese market has almost zero percent impact on the rest of the world. Foreigners canât invest in China, and the Chinese canât invest here. The idea that what goes on in Chinaâs market matters to us is nuts.