News Snapshot:
Economist Stephen Roach warns that Beijing’s crackdown on US-listed Chinese stocks will have a widespread impact on the market. Roach, considered one of the world’s leading experts in Asia, believes this action represents an early stage in the Cold War. “I’m a congenital optimist when it comes to China, but I think these actions are very disturbing,” said CNBC’s former chairman of Morgan Stanley Asia. [Trading country](//www.cnbc.com/trading-nation/) “On Friday.” China is pursuing the core of a new entrepreneur-led economy and pursuing their business model. “ According to Roach, tensions between the world’s two largest economies can reach levels not seen...
