Saturday, 10 May 2008

China's threat to American economic stability: CNN

A news story covered by CNN regarding China's immense pull over the United States economically and militaraly.

Notes:

Lou Dobbs states that there are 300 million unemployed people in China. According to a study by the CIA, only a mere 55 million are unemployed. That is about 4.2%, actually less then the unemployment rate in the United States which is, 4.8%.

The percentage of people in China living in poverty is 10%. The percentage of people in the United States living in poverty is 12%. This is, again, according to a cia study.

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