Roach is a good guy, representing the US corporate and financial interests, rather than a political hawk. But he doesn't perfectly understand China. If he did, he would appreciate china's ability of saying No to the western ideas is a sign of strength and not of weakness. If china has done all by what the west wanted, it would not have had its today.
I’m no longer sure if consumption-heavy economy is healthy. Stimulating consumption can lead rampant consumerism. All developed countries have been damaged by consumerism.
Which country is prospering? Which country is collapsing? The country that incurs an additional debt of 10 billion dollars and a trade deficit of 3 billion dollars daily vs The country that has a trade surplus of 3 billion dollars daily.
China has a higher debt/GBP ratio than the US. And if, as widely accepted China's GDP reported figures have been artificially elevated. That would make China's Debt/GDP is massively higher.
