Health support for China investors
By Peter Navarro
Investment guru Jim Rogers recently issued a "buy" call on the beleaguered Chinese market, where the mainland's benchmark CSI 300 Index is down more than 50% from its all-time high last October. The obvious question is whether this market has hit bottom and is now the time to buy?
The best way to analyze any market is to put it through both a fundamental and a technical analysis. On the fundamental side, China's economy remains robust. However, inflationary pressures continue to build, and the twin specters of higher interest rates and a strengthened currency hang over both the Hong Kong and Shanghai exchanges.
The Chinese government has yet to raise interest rates this year
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