Detailed text transcripts for TV channel - CNN - 20120108:15:30:00
Confucion values, returning to songs of the cultural revolution. he speaks irer are e reverently of china's maoist values. a lament about the consequences of capitalism. we've seen a bold assertive beijing in 2011. it spoke confidently after the crash of '08. it was tough on its neighbors. but 2012 is going to be different. look for a more win yard-focused community party -- inward-focused communist party that is trying to slow down and control the consequences of the economic juggernaut it has unleashed. and we'll be right back. up next, a war of words between iran and the west. new sanctio...