► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For the past few decades, the relationship between China and the US has been simple: China made the goods, the US bought them. But according to Stephen Roach, Senior Fellow at Yale and author of 'Unbalanced: The Codependency of America and China', that relationship no longer works. He tells the FT's David Pilling that while China is shifting towards a more consumer-led economy, the US is still too dependent on Chinese goods and Chinese savings.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
