China lashing out at businesses signals early stages of a cold war, Asia expert Stephen Roach warns (via TradingNation)
Economist Stephen Roach warns Beijing's crackdown against U.S.-listed China stocks will have widespread market implications.
"I am a congenital optimist when it comes to China. But I find these actions really quite disturbing," the former Morgan Stanley Asia chairman told CNBC's "" on Friday. "China is going after the core of its new entrepreneurial driven economy, and it's going after their business models."
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