Hong Kong Is Over Unless China Fixes Its Own Economy, Roach Says ...Middle East

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Hong Kong Is Over Unless China Fixes Its Own Economy, Roach Says
(Bloomberg) — China must fix its economy and let Hong Kong run itself if it wants a better future for the financial hub, former Morgan Stanley Asia Ltd. chair Stephen Roach said, after a pessimistic column he wrote sparked an uproar. HT Image “The most important thing Beijing can do is, number one, fix its own system,” Roach, a senior lecturer at Yale University, told Bloomberg Television on Wednesday. Discover the thrill of cricket like never before, exclusively on HT. Explore now! “Beijing also needs to be more aggressive and transparent underscoring its commitment to the ‘one country, two systems’ model,” he added. Roach argued in a column for the Financial Times last week that Ho

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