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Stiglitz feels 'less optimistic' about China's market reforms

He says 2016's global growth prospects will be like 2015's; Asean presents glimmer of hope

Nobel Laureate Joseph Stiglitz, a keynote speaker at the UBS Greater China Conference, said Beijing comes across as being unprepared for the volatility that its reforms might bring.


BEIJING'S recent attempts at stabilising markets have cast doubts over its ability to propel growth and engage in market reforms, Nobel Laureate Joseph Stiglitz said on Monday.

Predicting that the global economy this year will have growth prospects similar to those last...