Jim Rogers had an interesting quote about Chinese equities in a recent Bloomberg piece:

“Selling Chinese shares in 2009 would be like selling U.S. ones in 1909,” Rogers said. “My children were born in 2003 and 2008 and I expect them to hold my shares someday.”

The rest of the article focuses on dollar and t-bond weakness:

“The government is printing lots of money and borrowing even more; that’s not the basis for a sound currency,” he said in a telephone interview today from Singapore. “The idea that anybody would lend money to the U.S. government for 30 years at 3 or 4 or 5 or 6 percent interest is mind-boggling to me.”

I humbly agree with Mr. Rogers. And while it might be prudent to trim exposure to China after the huge rally, timing this ridiculous and manipulated market is tough. Related:

China, Google, and Apple – from January 2009

Disclosure: Long FXI, PGJ, BIDU, AOB, GXC