2min chapter

Moody's Talks - Inside Economics cover image

Roach on China and the Road Forward

Moody's Talks - Inside Economics

CHAPTER

The Rethinking of Multinationals

I think multinationals are not wedded to ideology. They're wedded to the bottom line. And they can hold their nose if ideology runs against the grain of their own sentiment. The premise of this conflict, I've argued, is largely based on a lot of false impressions or false narratives that we hold about China and that China holds about us. But they're politically expedient for us to embrace. It's taken us into a pretty dangerous place in terms of this conflict.

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