Leading economist warns the US and China are in a ‘conflicted co-dependency’
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Speaking at an event in New York, he says the relationship is in ‘a more stable place’ but the deep-rooted problems haven’t been solved.

A leading economist warned on Thursday that the United States and China are in a “conflicted co-dependency” that this year’s two bilateral summits failed to address. “I think there’s a good chance that we’re in a temporarily more stable place. But to say that has solved the deep-rooted problems between us, I think is a real stretch,” said Stephen Roach, a veteran China-watcher and the former chairman of Morgan Stanley Asia, at the China Institute of America. “You mentioned the two summits that…

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  • melsaskca@lemmy.ca
    1·
    5 minutes ago

    Hey! Leading economist! So is US and Canada. Who else? My own theory is that the top ten leading economists would say ten different things. The world economy is an uncontrollable monster that cannot be understood (but it sure can be manipulated).