Marketplace Morning Report for Wednesday, January 19, 2011

Episode Description 
Marketplace Morning Report for Wednesday, January 19, 2011

China tries to polish image in U.S. with TV ads

As President Obama welcomes Chinese president Hu Jintao for a state visit, Americans should get ready for a Chinese ad blitz on TV. The spots -- with images of ordinary Chinese citizens juxtaposed with celebrities like the NBA's Yao Ming -- are aimed at improving China's image in the U.S. Will it work? Marketplace's Scott Tong takes a look.
Posted In: China

Prioritizing to pay down debts

Jeremy Hobson talks to L.A. Times consumer columnist David Lazarus about Equifax's new debt-prioritizing tool, and another method consumers can use to help pay down what they owe.

Which Asian country's economy has improved the most since the 1960s?

The Globalist's Stephan Richter quizzes Steve Chiotakis about where citizens are earning more per year since the 1960s.

Goldman Sachs reports 50 percent profit drop in the last three months

Goldman reported a more than 50 percent drop in profit for the last three months. A report by the New York Times and footnoted.com shows Goldman partners are reaping the rewards of a stock-option windfall.

The House expected to vote on the health care overhaul

On Capitol Hill today, the House is scheduled to vote on a repeal of the health care overhaul that passed last summer. Nancy Marshall Genzer explains.

Richard DeKaser: Negotiations between China and U.S. businesses

During his visit to the United States, President Hu Jintao will be spending time meeting with CEOs of GE and Goldman Sachs, among others American business leaders. Richard DeKaser explains.
Posted In: China

Want to buy a latte? There's an app for that

Starbucks announced that customers can now pay for their coffee with their smart phones. Nancy Marshall Genzer has more.
Posted In: Food

Expected interest rate hikes could push Brazilian rates over 11 percent

In Brazil, another expected interest rate hike could push rates above its current 11 percent. Inflation in Brazil is at a six year high and the central bank there is desperate to get it under control.
Posted In: Internet

U.S. businesses see 'impressive financial results' in China

The political relationship between the U.S. and China may be on the rocks with China's undervalued currency and the trade imbalance. But this relationship doesn't necessarily reflect the opinion of U.S. businesses in China, as Rob Schmitz reports.
Posted In: China

Europeans question Chinese motives after bond sales

Beijing reportedly purchased a substantial amount of bonds from Portugal and Spain as those countries cope with the ongoing debt crisis. But the move has left some Europeans wondering what exactly the Chinese are up to. Stephen Beard explains.
Posted In: China

Music from this show

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Finding Out True Love Is Blind (Album/EP Version)
Louis XIV
World In My Eyes (2006 Digital Remaster)
Depeche Mode
Standing Outside A Broken Phone Booth With Money In My Hand
Primitive Radio Gods
Let Me Tell You About My Boat
Mark Mothersbaugh