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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.
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.