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October 12, 2009
China’s economy ascends, while U.S. economy lags

Many economic indicators point to a continually ascendant China and an American economy with lagging consumption and employment. Yet stock markets in the U.S. and beyond seem to have recovered significantly in the past few months.

As the British government begins to sell some of its own property to close budget deficits, analysts wonder whether the United States will follow suit.

Marcus Mabry, the International Business Editor for the New York Times, speaks to Martin Savidge about the current state of the world economy.

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