Rogers: China to overcome recession first

China's stimulus spending will help its economy overcome the global recession sooner than the US and other countries, investor Jim Rogers said.

China's reserves allow the government to spend on projects that will make the nation more efficient and competitive as the global economy recovers, said Rogers, the author of "A Bull in China: Investing Profitably in the World's Greatest Market." Signs China is taking steps to liberalize its currency will also benefit the country, he added.

"I certainly expect China to come out of it sooner than the US," Rogers, chairman of Singapore-based Rogers Holdings, said in an interview. "They seem to be spending the money on the right things. China is doing a far better job than the others."