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New York

Stephen Roach: 'We Do Not Save as a Nation'

NEW YORK, April 16, 2014 — Discussing the imbalances in the U.S.-China relationship with Asia Society's Orville Schell, former chairman of Morgan Stanley Asia Stephen Roach argues that America needs "a Third Plenum moment" and is less likely to rebalance its economy in the near term than China is. (3 min., 55 sec.)

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