Roach vs Krugman on China Currency

Krugman, Stiglitz, Roach, O’Neill’s Own Words on Yuan
March 19 (Bloomberg) — Nobel Prize-winning economists Paul Krugman and Joseph Stiglitz, and Morgan Stanley Asia Ltd. Chairman Stephen Roach talk about China’s yuan policy and its implications for the global economy. This report also compiles comments from former U.S. Trade Representative Susan Schwab, International Monetary Fund Managing Director Dominique Strauss-Kahn, Rogers Holdings Chairman Jim Rogers and Goldman Sachs Group Inc. Chief Economist Jim O’Neill.
Roach on Yuan
March 19 (Bloomberg) — Stephen Roach, chairman of Morgan Stanley Asia Ltd., talks with Bloomberg’s Susan Li and Paul Gordon from Beijing about the U.S. calls for a stronger yuan. China is conducting stress tests to gauge the effect of yuan appreciation on companies, a sign the government may be preparing for policy change even as it rebuffs foreign criticism of its 20-month dollar peg. (This is an excerpt of the full interview. Source: Bloomberg)
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