Detailed text transcripts for TV channel - CNN - 20110119:01

Detailed text transcripts for TV channel - CNN - 20110119:01:08:00

shakes off the great recession growing at around 2.6%. the u.s. is still the economic superpower. ed is right. china's economy is just one third the size of the u.s. but china's population is some four times bigger. that population, one of the reasons china has become the factory floor to the world, among others. i overtook germany last year as the world's largest exporter. and depending on who's forecasting, it will overtake the u.s. economy in size by 2020 to 2030. china's currency is undervalued by anywhere from 10% to 40%. that favors chinese manufacturing. imagine the computation between the now-awakened sleeping giant, china, and a mature superpower, the u.s. imagine it as a 100-mile race. china is almost america's banker. $895 billion in bonds. it's using this money every day

Related Keywords

China S , Us , Population , Superpower , Size , Economy , Ed Henry , Times , Recession , Four , One , 2 6 , World , Who , Others , Exporter , Factory Floor , Forecasting , Germany , 2020 , Currency , Chinese , Computation , Anywhere , Manufacturing , Sleeping Giant , 2030 , 10 , 40 , It , Money , Bonds , Banker , Race , 100 , 95 Billion , 895 Billion ,

© 2025 Vimarsana