Steven Roach has the best insider view of China

It is not to say China does not have problems. In fact, China has severe internal problems.

But Steven Roach is right and few people catch the importance of Chinese Saving rates and Foreign direct invest in-flow.

One can compare the same capital in-flow to US in 1939 vs. what is happening in China today. The cases are very similar.

Capital flow is a vote of confidence. Those consistently post 中国崩溃 never have knowledge and understanding of what that means.