Jim Rogers talks up the Chinese yuan amid fears of a US market crisis

Legendary American investor Jim Rogers has long advocated cash holdings given the potential for a market crisis due to US national debt.

But the currency he would hold might be the Chinese yuan rather than the US dollar, if the former were fully convertible, the veteran investor said in an interview at an investor event in Hong Kong on Saturday.

The remarks came at a time when the 83-year-old billionaire was planning to sell some equities and buy up cash, as he worried about an “extremely bad”...