To the Point
In China, the Recession Is Over — or Is It?
China will soon pass Japan as the world's second largest economy, but it's not easy to cope with such rapid expansion. How long can the growth continue? Can the US and China afford to be adversaries or will global problems force an uneasy partnership? Also, the deadliest month since the war began in Afghanistan in 2001, and healthcare reform, the public option and politics in the State of Nevada.
By Warren Olney • • 50m ListenChina will soon pass Japan as the world's second largest economy, but it's not easy to cope with such rapid expansion. How long can the growth continue? Can the US and China afford to be adversaries or will global problems force an uneasy partnership? Also, the deadliest month since the war began in Afghanistan in 2001. On Reporter's Notebook, Majority Leader Harry Reid has put the public option back in the Senate's version of healthcare reform. We hear about liberal Democrats, moderate Democrats and Democrats in Nevada.
Banner image: Chinese investors monitor screens showing stock indexes at a trading house in Shanghai on October 9, 2009. Chinese shares closed up 4.76 percent catching up on gains in regional and other overseas markets. Photo: Philippe Lopez/AFP/Getty Images
In this episode
3 storiesAfghan Bombs Take the Lives of Eight More US Troops
Yesterday, 14 Americans were killed in helicopter crashes, the deadliest day in four years for the US in Afghanistan. Today, eight American soldiers were killed in multiple bomb attacks, making this the deadliest month since the war began in 2001. Anand Gopal is in Kabul for the Wall Street Journal .
Read the story8 minIn China, the Recession Is Over — or Is It?
With a massive government stimulus that's fueled a frenzy of building, China's economy grew by 8.9% in the third quarter, compared to the United States' 3.2%. But growth also means stock-market and real-estate bubbles, a shrinking private sector and a restive working class.
Read the story35 minSenator Harry Reid and the Public Option
Two weeks ago, Senate Majority Leader Harry Reid appeared to be dumping the so-called "public option" for healthcare reform to avoid alienating moderates in the Democratic Party. Yesterday, he made it part of the compromise bill he submitted for Senate debate, a concession to liberals.
Read the story7 min
