STEPHEN ROACH: CHINA SHOULD EXPERIENCE A SOFT LANDING, BUT THERE'S ONE WILD CARD
Business Insider, February 11, 2012
Stephen Roach, the non-executive Chairman of Morgan Stanley Asia spoke with Bloomberg's Trish Regan on Friday about all things China.
Roach's baseline scenario for China's economy is a soft landing, which includes GDP growth decelerating to around 8.0 percent to 8.5 percent.
However, he warns that his assumption could prove too optimistic if one "wild card" turns up: a disorderly break-up of the European Union.
And with all of the economic and financial chaos across Europe, many experts haven't completely ruled out the possibility of a disorderly break-up.
(...) [artículo aquí]
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