CNN Anderson Cooper 360 October 17, 2013 05:25:00
Economist party hopes does well at home and abroad. they push their agenda as the world's second largest economy to have more fiscal clout on the world stage. china's wildly successful cash surplus economy has continued, and it has been safe for the technocrats to park much of their cash. even with the debt ceiling issue, china doesn't have a quick fix alternative. >> unless the chinese government is willing to switch from exported driven model, to more consumption or more balanced growth model, you don't have much choice. >> reporter: a long-term goal of the chinese government, yes, and in th...