© 2023 88.9 KETR
Header Image 10-22.png
Public Radio for Northeast Texas
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
88.9 FM broadcast antenna upgrades are underway and will affect the ability to tune into the station for the duration. Our programming continues, however, via our live stream at ketr.org, on TuneIn radio, via the NPR app, and at Apple Music.

Author: Is China Ready To Lead Global Economy?

China appears to be emerging from the global recession faster than the rest of the world, including the U.S. The conventional wisdom among economists is that the U.S. will "pass the baton" to China, as the world's No. 1 engine of economic growth.

But that won't happen so fast, author Stephen Roach tells NPR's Linda Wertheimer. Roach is the former chief global economist for investment bank Morgan Stanley, and now chairman of Morgan Stanley Asia.

The economist's new book, Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization, examines some of these issues, including the challenges China faces, and how it will rebalance its economy away from one reliant on manufacturing exports to one where consumer spending plays a bigger part.

Copyright 2022 NPR. To see more, visit https://www.npr.org.