Conflict
Stephen RoachCan the US and China avoid accidental conflict?
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 185 | Founded | 2 years ago | Last Issue | 8 days ago |
| Active | |||||
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stephenroach.substack.comLatest Issues
Tariff Tantrums
This is the 18th piece I have written on tariffs over the past 18 months. Not by coincidence, last week marked the 18-month anniversary of Donald Trump’s second term as president.
He can’t help himself in playing the tariff card and, as a...
Yes, the Hong Kong of Old is Over
The pro-China camp continues to tout Hong Kong’s resilience, recently pointing to the fact that the city has reclaimed its position as the global IPO leader. But conveniently left out of this narrative is that resileince has come to depend...
How long can China defy history and logic with its imbalances?
How long can it last? That always seems to be the most salient question about the Chinese economy. By defying history and logic, growth in modern China has stayed the course considerably longer than most optimists ever imagined.
But as you...
Can a Nation Be a Producer Without a Consumer?
How long can it last? That always seems to be the most salient question about China. Decades of unprecedented 10% economic growth. A political system under authoritarian communist control since 1949. Environmental degradation, corruption, a...
From Hong Kong to Xiānggǎng
Hong Kong deserves great credit for fighting back. In the nearly two and a half years since I expressed the seemingly audacious opinion in the Financial Times that Hong Kong may be over, the city’s supporters have orchestrated a determined...
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Authors
The writers behind this newsletter.
Yale faculty, former Chief Economist and Asia Chair Morgan Stanley, author most recently of "Accidental Conflict: America, China, and the Clash of False Narratives". Follow me on Substack and Bluesky https://bsky.app/profile/ssruschina.bsky.social
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