Detailed text transcripts for TV channel - FOXNEWS - 20110118:14:39:00
Much as 40%. china is anker pore driven economy though they have domestic potential. the average person makes $2,000 to $3,000 a year. their economy is dependent on exports to drive it and that requires cheap currency. >> reporter: the currency has risen by 25%. the government has limited imports that are not designed in china. that hurts u.s. exports. china want to replace the dollar as the standard for currency. bill: aaron sean, thank you, live in new york. it's a big deal. .
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