Investing legend Jim Rogers has attended a forum held by China Citic Bank.

He noted that no one will win trade wars and hopes to seek more investment opportunities in China.

China did not manipulate its currency, he says. But the yuan will come under great pressure as US dollars continue to charge higher.

In terms of rare metal investment, he says he is unlikely to buy any gold in a short-term. But gold prices may surge in coming years.

The US stock market is doing well in recent days but I will not invest in it, he added. It has risen too high. On the contrary, Chinese stocks have slashed 40%-50% compared with their highest prices. If I will invest in China, that may be a good opportunity.

Email: tanyuhan@nbd.com.cn