Stephen Roach, Morgan Stanley
My travel schedule is planned months in advance. It was only by happenstance
that I found myself in both Beijing and Dubai this past week -- two of the
more recent flashpoints in a US-led pushback against globalization. What I
found in both cities unsettled me -- disappointment and frustration over
America’s attitude toward two of its major providers of foreign capital. The
United States has been having a good deal of trouble with its overseas image
in recent years.