Detailed text transcripts for TV channel - CNN - 20110119:14:32:00
Currency low and one of the sticking points of the u.s. and european countries want to have dialogue with china to stop them from doing that. why? >> because it allows their export machine to keep humming. it allows them to employ millions of people in broad, huge, high tech campuses and churning out what used to be low-skilled, low quality goods like tennis shoes and t-shirts. now it's high tech items like iphones and ipads and maybe a civilization industry. ge will be supplying engines to the industry. i mentioned this before but china has a strategy of creating national champions so it invi...
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