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January 12, 2021
Yale University senior fellow Stephen Roach, who served as Morgan Stanley Asia Chairman, sees signs the U.S. economy is relapsing into a recession.
January 12, 2021
Economist Stephen Roach says the US economys V-shaped recovery is in tatters and the dollar could crash 20% this year hrobertson@businessinsider.com (Harry Robertson) © Provided by Business Insider Yale economist Stephen Roach was pessimistic about the US economy in an interview with CNBC Mark Lennihan/AP The US economys V-shaped recovery is "in tatters", due to rising coronavirus cases and new restrictions, according to Yale economist and former Morgan Stanley Asia chair S...
December 29, 2020
China stronger after COVID challenge Xinhua | Updated: 2020-12-29 09:34 Share CLOSE Workers inspect a new car at the production line of Dongfeng Passenger Vehicle Co in Wuhan, Hubei province. [Photo/Xinhua] Stringent public health measures and supportive monetary, fiscal policies boost commercial activity BEIJING-Chinas economy, the first in the world jolted by the COVID-19 pandemic, is bouncing back from the contagion after effective virus contro...
December 22, 2020
https://sputniknews.com/analysis/202012221081539131-post-virus-world-needs-economic-booster-shot-professor-believes/ Notwithstanding the miracles of modern science, the post-COVID-19 world is in need of more than just a vaccine. The global economy has struggled to emerge from the unprecedented plunge of early 2020. The article is an opinion piece by Stephen Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia chair. He is the author of Unbalanced: The Codepend...
December 21, 2020
· 2020-12-14 · Source: Xinhua News Agency Photo taken on July 16 shows a container dock in Tangshan City, Hebei Province north China(XINHUA) Chinas economy, the first jolted by COVID-19, has bounced back from epidemic fallout with resilience on effective virus control and targeted stimuli, as a pandemic depression continues to threaten the world. With GDP growth reaching 3.2 percent and 4.9 percent in the second and third quarters, the worlds second-largest economy com...
December 15, 2020
US, China offer both sides opportunities chinadaily.com.cn | Updated: 2020-12-15 06:40 Share CLOSE The most important common ground between China and the United States is on the opportunities that both economies provide for each other, to expand businesses and to expand economic impacts, said Stephen Roach, senior fellow at Yale University and former chairman of Morgan Stanley Asia. Trade and economics are the anchor, the ballast of the relationship between...
December 15, 2020
Strategy set to fit into new era of globalization By ANDREW MOODY | China Daily | Updated: 2020-12-15 07:21 Share CLOSE China COSCO Shippings Zhongyuantaicang container ship, with a tonnage exceeding 10,000 tons, docks at the Beibu Gulf Port in Qinzhou, Guangxi Zhuang autonomous region. [Photo provided to China Daily] Plan combines weighty role of domestic consumers with continual opening-up Chinas new "dual-circulation" development mod...
December 15, 2020
Strategy set to fit into new era of globalization (China Daily) 10:03, December 15, 2020 China COSCO Shippings Zhongyuantaicang container ship, with a tonnage exceeding 10,000 tons, docks at the Beibu Gulf Port in Qinzhou, Guangxi Zhuang autonomous region. [Photo provided to China Daily] Plan combines weighty role of domestic consumers with continual opening-up Chinas new "dual-circulation" development model will provide the engine for the countrys future economic success and could her...
December 14, 2020
· 2020-12-14 · Source: Xinhua News Agency Photo taken on July 16 shows a container dock in Tangshan City, Hebei Province north China(XINHUA) Chinas economy, the first jolted by COVID-19, has bounced back from epidemic fallout with resilience on effective virus control and targeted stimuli, as a pandemic depression continues to threaten the world. With GDP growth reaching 3.2 percent and 4.9 percent in the second and third quarters, the worlds second-largest economy com...
December 14, 2020
-- Refraining from hastily resorting to massive stimulus measures, China adopted a clear and consistent approach: containing the virus first with stringent public health measures and then rolling out monetary and fiscal policies to revive economic activities. -- China set virus containment as a top policy priority at the beginning of the outbreak, concentrating medical resources and exercising strong epidemic control despite massive economic costs. -- The countrys fast recovery rests partly wit...