Cina Bull Finally Giving On The Primary School Dropout ?

 

 Jim Rogers warns that China's borrowing of $139bn 'will be a problem eventually'




SINGAPORE -- The global economy is in for hard times despite rising share prices on Wall Street fueled by hopes the Federal Reserve is ready to pause rate hikes, according to bearish U.S. investor Jim Rogers in an interview with Nikkei Asia.
 
His warning comes as uncertainty grows over China's troubled property sector and the massive amount of borrowing Beijing has been undertaking, including the issuance in October of 1 trillion yuan ($139 billion) in new bonds to bolster its economy.