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I like investing in China

Updated: Mar 24,2015 11:24 AM     english.gov.cn

[Photo by Chen Mengwei/english.gov.cn]

Look, China is growing at six, seven percent. That is still faster than most countries in the world. So who cares about the slowing down? I think it is very good. It matters very little whether the Chinese economy is growing at five or six or seven percent. The US is growing at three percent, Europe at one percent. So China is faster than most big economies in the world, which is good enough. I think you need time to adjust, let’s say, for pollution, and reforming institutions, step by step, to make space for more changes.

We’ve invested in several Chinese companies in the Internet sector. I like investing in China. The engineers here are good, the people work hard.

-- Koos Bekker,

chairman of Naspers