Friday, January 18, 2013

China's rise and the fall of capitalism?

Will China's rise lead to the end of capitalism? Will armies of robots replace the world's workforce? And will China be able to block Facebook and Google forever? Risk expert Ian Bremmer and Dr. Doom, Nouriel Roubini give their 2013 predictions for politics and the economy to Reuters digital editor Chrystia Freeland

Finfacts: Jan 15, 2013: China's remarkable rise and challenges -- Part 1

I was in Guangzhou last week-end. It is the capital of Guangdong province, in the Pearl River delta, north of Hong Kong, which is China's industrial heartland. The province is responsible for about 30% of China's exports.