SINGAPORE (Commodity Online): Legendary commodities investor Jim Rogers continues to believe that the global investment action is now on China. He continues to be a firm believer that China is the place to invest and the best thing to invest in China is commodities.

Rogers, who shifted his home from the United States last year to invest wisely in the Asian countries with his main focus on China, is pumping in lots of money into Chinese markets.

Here is what Jim Rogers has to say on investing in commodities in China, in an interview to The Globe and Mail:

"If you want to invest in China, the best way to play it now is to buy commodities – because China has to buy commodities. Or buy the currency. The stock market? I own shares, I haven't bought any since October or November of 2008.

The economy is growing because they're spending to make it grow. They built up a lot of reserves for a rainy day, and now they're spending them, since it is raining. But is it real? We won't know for several years. The rest of the world may have problems that would affect some parts of the Chinese economy.

So I'm not buying Chinese stocks right now, but I'm holding onto the shares I have. I expect my children to own my Chinese shares one day.

If the world economy is going to get better, commodities will Lead the way, because of the shortages. I cannot imagine a better place to be. When you come off periods like this, you want to be in the things where the fundamentals are getting better – those are the ones that always lead the next bull market.

If the economy is not going to improve, commodities are still the best place to be … because governments are printing huge amounts of money all over the world.

Throughout history, when people have printed lots of money, it has always led to higher prices. Throughout history, when governments printed, the money has to go somewhere. Historically, it has always gone into real assets, as people try to protect themselves. … It's not going to go into people buying new cars, it's going to go into Wheat and Silver and oil first. It may go into new cars eventually, but it's going to go into real stuff first – at least it always has. I'd rather own commodities than just about anything I can think of in a period when the whole world is debasing paper money."

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