Marketplace PM for January 20, 2006
Some day, Americans may feel nostalgic for the day when competition from China focused on cheap labor and stealing intellectual property. Beijing is slowly laying the groundwork for competing in the field of innovation. Jocelyn Ford profiles an auto parts company aiming to be the next big thing.
Chris Brown, an American automaker, shares what it's like to be losing the battle over production and manufacturing.
Commentator and author James McGregor doesn't believe China is the big bad economic wolf. He says Americans should worry about our own inability to compete in the global market.
Conventional wisdom suggests that China has yet to go green. But the Chinese government wants to leapfrog Western-style industrialization and pioneer a whole new Green economy. From the Marketplace Sustainability Desk, Sam Eaton reports.
Kai Ryssdal discusses the China fear factor with former Secretary of Labor Robert Reich. Is America losing its competitive advantage?