“Rogers says he is buying shares in China for the first time since 2008 given authorities’ desire to open the economy more, ‘especially in finance.’  He says he’s not buying much in China though, because of the country’s ‘big debt problem’ — his concerns stem from China’s shadow banking system, specifically.  When it comes to the main stock index  in Russia falling 10% in March and the ruble losing 9% against the dollar in the first three months of the year, Rogers says he bought more Russian stocks during the turmoil in Crimea and is interested in buying more.  Why?  You’re ‘supposed to buy when there is blood in the streets,’ he tells us. ‘In Rusia, figuratively there is blood in the streets.'”

http://finance.yahoo.com/blogs/daily-ticker/jim-rogers–i-m-buying-chinese-and-russians-stocks-112227696.html

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