Rogers takes on Dr Doom over China

Veteran investors Jim Rogers and 'Dr Doom' Marc Faber have clashed over the merits of investing in Chinese equities.

The investors engaged in a heated debate over the long term value case of the Chinese equity market in a head-to-head CNBC interview. Faber argued it is difficult to be bullish on Chinese equities given their poor share price performance over the past couple of years. Since 2007 the Shanghai stock exchange has fallen from 6,100 to 2,074 today, a fall Faber cited as the main reason for his continued bearishness. However, Rogers said he is using share price falls as a value opportunity and has recently upped his stake in the region for the third time in his career. "China is goin...