China is now the United States’ largest foreign creditor.
Worldfocus regulars Marcus Mabry, the International Business Editor for the New York Times, and Roben Farzad, a senior writer for BusinessWeek, join Daljit Dhaliwal to discuss the implications for the Obama administration.
They talk about whether the Chinese will influence U.S. policy on issues ranging from Afghanistan to health care because of this new reality.
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01/16/2010 :: 03:21:15 PM
Mark Olson Says:
Mr. Kettler:
How does one take away China’s exports when practically everything you buy at Wal-Mart, Target or K-Mart is made in China. Most of our manufacturing capacity has moved to china. My airline is the only US airline maintaining its aircraft here in the US! Manufacturing jobs in this country and aircraft mechanics jobs in this country are gone for good. I suggest you watch the Movie The Red Tail about the 2005 Northwest Mechanics strike! Then tell us how easily we can shut down Chinas exports. It was either Marx or Lenin who said when it becomes time to hang the capitalists they will sell us the rope! It is coming to pass as this interview helps illustrate.