Economy

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Chinese Communist Party official Cheng Si-wei talks to NewsHour correspondent Paul Solman about economic relations with the United States, foreign investment, textile exports and the recent revaluation of China's currency.

Oct 11

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Misinvestment in China

In recent years, China's government has channeled investment into urban and business development, neglecting its enormous peasant class. The government recently pledged, however, to bridge the income gap.

University of Maryland professor Thomas Schelling, one of the recent winners of the Nobel Prize for economics, discusses the field of game theory.

Awards to private contractors to aid recovery along the Gulf Coast make the largest transfer of federal fund into private hands. Most of the contracts were awarded with little or no bidding, worrying government watchdog groups. A report from Louisiana…