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Detailed text transcripts for TV channel - CNN - 20110120:09:02:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110120:09:02:00

Good morning, from cnn london, i'm max fofter. >> and a very good afternoon from cnn hong kong, i'm andrew stephens. you're watching "world business today." our top stories thursday, january 20th. accelerating into the unknown, china's economy races ahead for concern about overheating. raises the prospect of interest rate hikes. china and the u.s. strike $45 billion worth of deals. and we'll tell you why shanghai is fast becoming the new land of opportunity for entrepreneurs. >> the european stock markets, though, u.s. markets took a hit in the last trading session closing down after disap...

Detailed text transcripts for TV channel - CNN - 20110120:09:03:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110120:09:03:00

Chinese economy, big trading partner for europe, that's a concern here as well. all the main indices are down. the ftse down nearly 1%. this is what's happening in the currency markets, the euro is down a shade against the dollar. that is largely due to profit-taking we understand. one ye the pound is flat against the green backer. >> the news about china and weather the economy is overheating certainly rattling investors here as well, max. also, wall street's down day is sparking something of a sell-off across asia. there are the numbers as the markets close. japanese exporters also lower. sh...