Stephen Roach doesn't expect either China or India to witness a hard landing, though, like Doug...
Stephen Roach doesn't expect either China or India to witness a hard landing, though, like Doug Kass, he thinks India is more at risk of one. Whereas Chinese authorities can easily engage in monetary easing, following their successful efforts to combat inflation, a current-account deficit, weak rupee, and still-high inflation make it difficult for Indian authorities to do the same.
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