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Detailed text transcripts for TV channel - CNN - 20110123:20:37:00

go to shanghai. what did she mean by that? i know what she meant by that. but tell our viewers, for an american for the first time gets off a plane in shanghai and drives downtown. what will that tell them about economic growth? you ll see an enormous city in shanghai. you ll see a space-age city in many respects. a city of great wealth. but still more so, of many, many challenges. there s still a lot of poverty here in china. that s a big challenge. the americans will see opportunity. was just in shanghai a week ago and we spoke to americans who are living there, and are making a killing, ali. these are people running restaurants. these are people who are restoring buildings. they re teaching in schools, they re making good money and as they said to me, this is the land of opportunity. this is not a backwater any more. these cities are big, they re cosmopolitan. they re sophisticated. the chinese are becoming more aware. i think richard just touched on something a moment ago, where

Detailed text transcripts for TV channel - CNN - 20110122:18:37:00

go to beijing. go to shanghai. what did she mean by that? i know what she meant but tell our viewers, for an american gets off a plain in shanghai and drives downtown, what will that tell them about economic growth? reporter: you ll see an enormous city in shanghai. you ll see a space age city in many respects, a city of great wealth but still more so of many, many challenges. there s still a lot of poverty in china and that s a big gap. the american will see opportunity. i was just in shanghai a week ago and we spoke to americans living there and are making a killing there. these are people running restaurants. these are people restoring buildings. they re teaching in schools. they re making good money, and as they said to me, this is the land of opportunity. this is not a backboarder anymore. these cities are big, they re cosmopolitan, they re sophisticated. the chinese are more aware.

Detailed text transcripts for TV channel - CNN - 20110119:19:41:00

political reform is still out there. right. one last question that you and i discussed earlier in a break. that is, for people who are watching us who are workers, who are businesspeople, what are our opportunities here in the united states out of this growing economy and this growing consumer base over the next decade or so? you know, i tell high school students graduating, i say, go to shanghai for one week. there was a delta flight. just go and feel shanghai. when you say electric, this is a city that s building more buildings than our biggest cities in the united states actually already have. exactly. and i think it gives people both something well, it helps give us a competitive spirit. i think we need more of that old american kind of competitive know-how. yes, we can improve our education system, we can transform our technology. i think mom and pop stores, that s tough. how do you do that? how do you change to a service industry if you ve been a

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