Economist Stephen Roach warns Beijing's crackdown against U.S.-listed China stocks will have widespread market implications.
"I am a congenital optimist when it comes to China. But I find these actions really quite disturbing," the former Morgan Stanley Asia chairman told CNBC's "" on Friday. "China is going after the core of its new entrepreneurial driven economy, and it's going after their business models."
TradingNation Can you fix your app? When it goes to commercials it locks out and i have to retry. Man
TradingNation My reading is bit different, China is not going after their entrepreneurs per se It is simply going after those sectors that crossed the line between micro and macro: companies and individuals are allowed to make almost unlimited amount of $$$, but cannot become policy makers
TradingNation Trading with the right resources is the best, ever since the day I came across james_bradleyfx I’ve never had an issue of delay with my payout, thanks sir
TradingNation Why is the US always obsessed with cold wars, too bored to be peaceful?
TradingNation Or considering China makes it difficult for their own businesses to be invested in their own markets given its track record of earning potential. I get what their government is playing at, however it sounds if it’s more towards self-reliance.
TradingNation Trump and Biden wanted a Cold War China says they can have it.
TradingNation The cold war has already started. The issue is whether a hot war can be avoided and if not, when..They planning 6 aircraft carrier and nuclear arsenal within 10 years. Good luck.
TradingNation Couple of months ago I came across a recommendation about Mr Sean Daniel. How he helped investors to earn lots of money with their investments in liquidities I decided to give a trial with the little I have. Now my little has turned into something remarkable beyond my expection😎
TradingNation Is it possible that Xijiping 🤔truly launch nuclear. I have read that je is smart but have some problem in his head
TradingNation USA feeling threatened by China. Need to stop blaming China for its own problems.
TradingNation Back in Jan 2020 when the virus was above to breakout, western leaders were oblivious to what was about to come. Shortly later, we had to stop the world. Now we have vaccines, but politics of paranoia is about to go global too. Alas, there is no cure for that Pres. Biden POTUS .
TradingNation
TradingNation Don't mess with China fool.
TradingNation BITCOIN PUMPS
TradingNation They have the nuts to rein in Big Tech unlike the eunuchs in the west
TradingNation Second time I uses the word war in a day. So a Cold War with some flavor of cyberattacks?
TradingNation good luck