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Roach: Asia is in Big Trouble

Sun 18 Jan 09 | 06:46 PM ET
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Roach: Asia is in Big Trouble

Sun 18 Jan 09 | 06:46 PM ET
Asia is not going through a cyclical or inventory correction, says Stephen Roach, chairman, Asia at Morgan Stanley. He tells CNBC's Martin Soong & Sri Jegarajah that export-dependent Asia, especially China, is in big trouble as it has failed to stimulate internal private consumption.

Topics:

Currencies  | Analyst  | Asia  | Currencies  | Politics and Government  | Stock Market
 
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