While U.S. Economy Struggles, China’s Rises
By Barry Ritholtz - November 18th, 2009, 11:15AM
President Obama visits China at a time when the world’s two most powerful economies face very different fortunes.
A humbled United States is slowly recovering after sparking the global financial crisis. China, on the other hand, has handled the downturn with ease and appears to be leading the world out of recession, while increasing its influence in Asia.
But Chinese people say their economy has a long way to go, and America still has some big advantages.
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Source:
While U.S. Economy Struggles, China’s Rises
Frank Langfitt
November 16, 2009
http://www.npr.org/templates/story/story.php?storyId=120405700
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