Global stock markets have been buoyed by 'stupid' people ignoring China and Russia risks, veteran investor says
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China has long had an outsized impact on global growth - but with its economy sputtering, its problems could become everyone else's problems.
Veteran investor David Roche told CNBC that China's economic model is "washed up on the beach."He doesn't anticipate it to bounce back as it deals with deflation,
China has long had an outsized impact on global growth - but with its economy sputtering, its problems could become everyone else's problems.
China has long had an outsized impact on global growth - but with its economy sputtering, its problems could become everyone else's problems.