The China bull, Jim Rogers said that he was a buyer of Chinese stocks not long ago. He is disappointed that the government started to loosen policy so early. Probably Jim Rogers expected more declines and even cheaper stocks, but it seems after the government response, he wants stocks now, as they might not depreciate more.
Jim Rogers is an great investor, author and respected financial commentator. He is a regular guest on different TV programs like these of Barron's, FT, Wall Street Journal, New York TImes, Fortune and CNBC. Rogers is the president of Rogers Holdings and Beeland Interests.