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Stephen Roach Quotes

The West always seems to expect a hard landing in China. Yet in three instances over the past decade, China has proved the doubters wrong. - Stephen Roach

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West | Expect | Hard | Landing | China |

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[For all of China's efforts to create a vibrant domestic market, its economy is highly dependent on exports. China's economic model these days] is very much a levered play on the staying power of the overly extended American consumer... That's a tough place to be for any economy in an energy shock - even China. - Stephen Roach

That underscores the possibility of yet another shoe to fall in world growth -- all the more reason to stress the protracted nature of this global downturn. - Stephen Roach

There's a little bit of a sign of rust but no sign of bust in the U.S. property market. The weakest link of the global economy in 2006 is the U.S. consumer. - Stephen Roach

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