Faculty News

Professor Nouriel Roubini discusses China's financial markets at the World Economic Forum in Davos

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Excerpt from CNBC -- "'A year ago they (markets) believed in this rhetoric of the Chinese government that China could achieve a soft landing; they could maintain growth at 7 percent; that the Chinese were a bunch of super heroic technocrats who could not do any wrong. And now they have gone to the other extreme, saying the policymakers are incompetent; they cannot stabilize growth, their currency, their stock market,' he said."

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