Sat, Feb 10, 2018 - Page 9 News List

Outlook on China’s economy seems darkest from a distance

By Enda Curran and Ye Xie  /  Bloomberg

“The further away from China, the more difficult to feel all the real changes,” Mo said.

Stephen Roach might spend a lot of time in Connecticut — he is a senior fellow at Yale in New Haven — but he would never be accused of being part of the Connecticut set.

A former non-executive chairman of Morgan Stanley in Asia, Roach first went to China in 1985 and still travels there four or five times a year. He said there is a tendency to project the West’s crisis-prone outcomes onto China.

“Connecticut-based hedge funds and Washington-based politicians,” he said, “are equally guilty of this long-standing bias.”

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