Nearly a year ago — May, 2010 — Stephen Roach joking called Jim Chanos an “ignorant slut” for being too bearish on China.
Inflation in China “borders on being a serious problem,” said Stephen Roach, non-executive chairman of Morgan Stanley Asia Ltd. Roach, speaking in a Bloomberg television interview on “Surveillance Midday” with Tom Keene, said China can’t afford high inflation at a time when it’s trying to engineer a transition to a consumption-led growth model.
The “slut” comment in the video is around 2:30
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