Renowned economist Stephen Roach has shifted his stance on China, expressing bearish views on Hong Kong's future. Roach's pessimism is attributed to a combination of domestic politics, China's economic challenges, and US-China tensions. Observers note the transformation in Roach's outlook as a reflection of broader shifts in the global landscape, signaling significant changes for Hong Kong's trajectory.
"It pains me to say Hong Kong is over" by Stephen Roach (@SRoach_econ) via @FinancialTimes https://t.co/0jPcdVaT2U
It is disheartening to hear this from a seasoned China hand. https://t.co/h8r5vbsdOX via @ft
Stephen Roach says that "Hong Kong is over" https://t.co/B9v3cBL6rN via @ft https://t.co/QPGD76gswL
A combination of domestic politics, mainland China's economic woes and Beijing's tensions with the US have brought about the once-dynamic city's demise, writes Yale University's Stephen Roach https://t.co/fFgWIyMjRv https://t.co/Z99piLYy9H
when Stephen Roach says HK is over, it's no good. HK as we know it is over, but BJ has another plan for HK by turning it into a BRI nexus, a crypto center, a Russia-friendly market, etc.. as i note in a recent presentation in Academia Sinica... 1/2 https://t.co/eem345mk5U
It pains me to say Hong Kong is over https://t.co/gWAlI1yROj via @ft
Stephen Roach's transformation from relentless China-booster to wistful China bear is a sign of the times. https://t.co/yLO4U2xgHK
Stephen Roach is bearish & has given up on #HongKong here... ...hmmm, seems promising!? https://t.co/lF6YHtsy1B
Yeah, Hong Kong is over⦠https://t.co/hGny66RE32 https://t.co/zC2OMME2hp
For a long-time China bull like Roach to say this, things must be bad. https://t.co/PlbZ0xvTT1