Rogers: Why selling out of China would be a mistake

Commodities guru Jim Rogers is sticking with his bullish stance on China, despite a recent wave of negative sentiment and losses from Chinese equities.

Speaking to Investment Week Rogers said investors should hold steady in Chinese equities, despite moves by high profile figures - including Hugh Hendry at Eclectica - to shun the country's stock market. "China's the next greatest country in the world. If you sold America in 1911 you might have looked good for a year or two, but you'd look pretty foolish over the next seven to eight years," said Rogers. "Why should I sell? I don't follow other people." Hong Kong's Hang Seng Index hit more than 30,000 in late 2008, then plummeted amid the global financial crisis. It remains well below i...