<p>
Stephen S. Roach, a faculty member at Yale
University and former chairman of Morgan Stanley Asia, is the author of The Next Asia. His
forthcoming book, Unbalanced:
The Codependency of America and China, will be published Jan. 2014.
</p>
Articles by
Stephen S. Roach
Chinese President Xi Jinping and his wife Peng Liyuan wave as they leave the plane upon their arrival at Moscow's Vnukovo II Government airport on May 8, 2015. Jinping arrived in Moscow to take part in the Victory Day celebrations. AFP PHOTO / ALEXANDER NEMENOV (Photo credit should read ALEXANDER NEMENOV/AFP/Getty Images)
HUAIBEI, CHINA - JANUARY 13: (CHINA OUT) An investor observes the stock market on his phone at an exchange hall on January 13, 2016 in Huaibei, Anhui Province of China. The Chinese stock market was volatile on Wednesday as the Shanghai Composite Index dropped 73.26 points, or 2.42% to 2,949.60 points and the Shenzhen Compposite Index tumbled 314.88 points, or 3.06% to 9,978.82 points. (Photo by ChinaFotoPress/Getty Images)
