‘Disturbing’ actions by China signal early stages of a cold war, economist Stephen Roach warns

Sharing is Caring!

Economist Stephen Roach warns Beijing’s crackdown against U.S.-listed China stocks will have widespread market implications.

Roach, who is considered one of the world’s leading experts on Asia, believes the actions are signaling the early stages of a cold war.

“I am a congenital optimist when it comes to China. But I find these actions really quite disturbing,” the former Morgan Stanley Asia chairman told CNBC’s “Trading Nation” on Friday. “China is going after the core of its new entrepreneurial driven economy, and it’s going after their business models.”

See also  Joe Biden Says during 60 Minutes Interview That He Will Start a World War with China to “Defend Taiwan”

www.cnbc.com/2021/07/25/disturbing-actions-by-china-signals-cold-war-stephen-roach-warns.html?utm_term=Autofeed&utm_medium=Social&utm_content=Intl&utm_source=Twitter#Echobox=1627247816

Trending:
See also  154 top US weapons scientists, who happen to also be Chinese, take secrets and go to China

Views: 0

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.