Page 4 - Stephens Roach News Today

No two crises are alike. That is true of recent financial upheavals, the Asian financial crisis of the late 1990s,...

BEIJING — No two crises are alike. That is true of recent financial upheavals, the Asian financial crisis of the late 1990s, the dot-com crisis of 2000, and the global financial crisis of 2008-2009. It is also the case with crises sparked by geostrategic shocks, such as wars, pestilence, famine and pandemics.

China’s economic outlook once again became the focus of attention for many last week. For one thing, the Economist Intelligence Unit (EIU) listed the possibility of a hard landing for China’s economy as the topmost of the world’s top 10 risks. There was, nevertheless, no apparent reaction in U.S. or China stock markets, whose prices rose as expected, in stark contrast to their

Stephen Roach thinks America's latest financial trouble will reinforce China's narrative of terminal national decline

Stephen S. Roach used to tout the world's greatest growth story, until the political economy of autocracy spoiled the plot.

Stephen S. Roach says the US Federal Reserve remains mired in the quicksand of excessive monetary accommodation, warns the Communist Party of China against “premature overreach,” proposes a three-pronged strategy for easing Sino-American tensions, and more.

India must reduce poverty and expand its middle class. That can happen if the country has a unified vision, not a fragmented one, as is the case currently

It is tempting to give America’s Federal Reserve great credit for its recent about-face in tackling inflation. It is equally tempting to give Chinese President

NEW HAVEN  —  It is tempting to give America’s Federal Reserve (Fed) great credit for its recent about-face in tackling inflation. It is equally tempting to give Chinese President Xi Jinping great credit for his stewardship of a rising and strong China. But neither deserves it  —  and for a similar reason. 

NEW HAVEN  —  It is tempting to give America’s Federal Reserve (Fed) great credit for its recent about-face in tackling inflation. It is equally tempting to give Chinese President Xi Jinping great credit for his stewardship of a rising and strong China. But neither deserves it  —  and for a similar reason.