China’s economic model is ‘washed up on the beach,’ says veteran investor David Roche

China’s economic model is “washed up on the beach” and “not going to take off again,” which will have a big impact on global markets, says veteran investor David Roche.

Despite a remarkable rally in stock markets so far this year, concerns have been growing over the potential ripple effect of a prolonged slowdown in China.

Beijing has acknowledged its immediate economic headwinds and