Showing 1 - 5 of 5
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.
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.
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.
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.
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.