Stephen Roach

Stephen Roach takes US Treasury Secretary Scott Bessent to task for pursuing ineffective currency and bond market interventions

Stephen Roach takes US Treasury Secretary Scott Bessent to task for pursuing ineffective currency and bond market interventions

Stephen Roach argues that the resilience touted by Hong Kong's boosters has come to depend entirely on Chinese intervention

Stephen Roach argues that the resilience touted by Hong Kong's boosters has come to depend entirely on Chinese intervention

Stephen Roach laments that the Chinese government has paid little more than lip service to its greatest macroeconomic challenge

Stephen Roach laments that the Chinese government has paid little more than lip service to its greatest macroeconomic challenge

Stephen Roach thinks Xi Jinping's heirarachy of ultimatums, with Taiwan now firmly at the top, is sending mixed signals

Stephen Roach thinks Xi Jinping's heirarachy of ultimatums, with Taiwan now firmly at the top, is sending mixed signals

Stephen Roach highlights the ancient Chinese warrior-philosopher Sun Tzu's emphasis on the importance of strategy and reason

Stephen Roach highlights the ancient Chinese warrior-philosopher Sun Tzu's emphasis on the importance of strategy and reason

Stephen Roach laments Chinese government officials' willingness to engage in frank and open economic policy discussions

Stephen Roach laments Chinese government officials' willingness to engage in frank and open economic policy discussions

Stephen Roach welcomes the decision that US President Trump's destructive trade policy is unconstitutional

Stephen Roach welcomes the decision that US President Trump's destructive trade policy is unconstitutional

Stephen Roach thinks the move towards personalised leadership blurs the distinction between countries' political systems

Stephen Roach thinks the move towards personalised leadership blurs the distinction between countries' political systems

Stephen Roach thinks effective diplomacy will be impossible so long as the current US president is in office

Stephen Roach thinks effective diplomacy will be impossible so long as the current US president is in office

Stephen Roach thinks the China-centric administrative region of Hong Kong has changed irrevocably, despite its booming financial sector

Stephen Roach thinks the China-centric administrative region of Hong Kong has changed irrevocably, despite its booming financial sector

Stephen Roach thinks the next Chinese five-year plan should set a goal of raising household spending to 50% of GDP by 2035

Stephen Roach thinks the next Chinese five-year plan should set a goal of raising household spending to 50% of GDP by 2035

Stephen Roach compares the Trump Administration's haphazard industrial policy to the Chinese government's five-year plans

Stephen Roach compares the Trump Administration's haphazard industrial policy to the Chinese government's five-year plans

Stephen Roach thinks the outcome of the AI race between China and the US will likely come down to which government invests more in basic theoretical research

Stephen Roach thinks the outcome of the AI race between China and the US will likely come down to which government invests more in basic theoretical research

Stephen Roach warns that the interplay between wars and tariffs is making a global recession increasingly likely

Stephen Roach warns that the interplay between wars and tariffs is making a global recession increasingly likely

Stephen Roach thinks the US pursuing a global minimum tariff while also penalising China increases the risk of a global recession

Stephen Roach thinks the US pursuing a global minimum tariff while also penalising China increases the risk of a global recession