The recent bid from a Chinese firm to buy American oil company Unocal is drawing attention to the growing role China is playing in the US economy. Diane and her guests discuss what effects this could have for Americans and for the Chinese.

Guests

  • Neil Hughes former senior operations officer, China and Mongolia department of the World Bank, and author of "China's Economic Challenge: Smashing the Iron Rice Bowl"
  • Michael Wessel commissioner, U.S.-China Economic & Security Review Commission
  • Bill Powell senior writer for Time Magazine, based in Shanghai

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