The Big Picture » While U.S. Economy Struggles, China’s Rises

While U.S. Economy Struggles, China’s Rises

Posted By Barry Ritholtz On November 18, 2009 @ 11:15 am In Video | Comments Disabled

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.

If audio does not load, click here ^[1]

Source:
While U.S. Economy Struggles, China’s Rises ^[2]
Frank Langfitt
November 16, 2009

http://www.npr.org/templates/story/story.php?storyId=120405700

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[1] click here: http://www.npr.org/templates/player/mediaPlayer.html?action=1&t=1&islist=false&id=120405700&m=120448211

[2] While U.S. Economy Struggles, China’s Rises: http://www.npr.org/templates/story/story.php?storyId=120405700

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