SEARCH

Showing 1-9 of 9 results

  • News & article

    China springs monetary surprise

    News, Stephen S Roach, Published on 25/11/2014

    » In economic policy, as in most other areas, actions speak louder than words. By cutting its benchmark policy interest rates, the People's Bank of China (PBOC) has underscored the tactical focus of the government's stabilisation policy, which aims to put a floor of around 7% on GDP growth.

  • News & article

    A delicate balancing act

    News, Stephen S Roach, Published on 29/06/2014

    » Early this month, senior US and Chinese officials will gather in Beijing for the sixth Strategic and Economic Dialogue. With bilateral frictions mounting on a number of fronts — including cyber security, territorial disputes in the East and South China Seas, and currency policy — the summit offers an opportunity for a serious reconsideration of the relationship between the world’s two most powerful countries.

  • News & article

    The return of the renminbi rant

    News, Stephen S Roach, Published on 01/05/2014

    » China’s currency, the renminbi, has been weakening in recent months, resurrecting familiar charges of manipulation, competitive devaluation, and beggar-thy-neighbour mercantilism. In mid-April, the US Treasury expressed “particularly serious concerns” over this development, underscoring what has long been one of the most contentious economic-policy issues between the United States and China.

  • News & article

    China gets a wake-up call from US

    News, Stephen S Roach, Published on 28/10/2013

    » Yes, the United States dodged another bullet with a last-minute deal on the debt ceiling. But, with 90 days left to bridge the ideological and partisan divide before another crisis erupts, the fuse on America's debt bomb is getting shorter and shorter.

  • News & article

    The great American growth mirage

    News, Stephen S Roach, Published on 17/07/2012

    » In September 1998, during the depths of the Asian financial crisis, Alan Greenspan, the US Federal Reserve's chairman at the time, had a simple message: The US is not an oasis of prosperity in an otherwise struggling world. Mr Greenspan's point is even closer to the mark today than it was back then.

  • News & article

    Concerns about a China hard landing way overblown

    News, Stephen S Roach, Published on 31/08/2012

    » Concern is growing that China's economy could be headed for a hard landing. The Chinese stock market has fallen 20% over the past year, to levels last seen in 2009. Continued softness in recent data _ from purchasing managers' sentiment and industrial output to retail sales and exports _ has heightened the anxiety. Long the global economy's most powerful engine, China, many now fear, is running out of fuel.

  • News & article

    China's EU focus exposes rest of Asia

    News, Stephen S Roach, Published on 01/06/2012

    » Asian authorities were understandably smug after the financial crisis of 2008-2009. Growth in the region slowed sharply, as might be expected of export-led economies confronted with the sharpest collapse in global trade since the 1930s. But, with the notable exception of Japan, which suffered its deepest recession of the modern era, Asia came through an extraordinarily tough period in excellent shape.

  • News & article

    Stability is paramount for Beijing

    News, Stephen S Roach, Published on 10/04/2012

    » The first principle that I learned when I started focusing on China in the late 1990s is that nothing is more important to the Chinese than stability _ whether economic, social, or political.

  • News & article

    Screwing tight the bolts of connectivity

    News, Stephen S Roach, Published on 31/01/2012

    » Long the most fragmented nation on earth, China is being brought together like never before by a new connectivity. Its internet community is expanding at hyper speed, with profound implications for the Chinese economy, to say nothing of the country's social norms and political system. This genie cannot be stuffed back in the bottle. Once connected, there is no turning back.

Your recent history

  • Recently searched

    • Recently viewed links

      Did you find what you were looking for? Have you got some comments for us?