1. 01/20/11 ECONOMIST REPORT

5. Economic Indicators Recap

7. The China Situation
President Hu Jintao meeting with President Barack Obama.
Chinese GDP grew 9.8% in 2010 Q4, compared to United States growth of 2.6% in Q3.
Passes up Japan as second largest economy by real GDP.
Economists see China passing up the United States by around 2020.
CNN poll finds 58% of Americans see China as a threat.
Pew Research Center finds 47% of Americans view China as top economy (31% U.S.).

8. The China Threat
Artificial devaluation of yuan gives China unfair export advantage.

11. The China Threat
Artificial devaluation of yuan gives China unfair export advantage (Paul Krugman).
Theft of intellectual property.
Lack of enforcement
Foreign purchase policy
Steve Ballmer
Trade restrictions, other red tape.
National debt

12. The China Opportunity High economic growth over past few years.
Growing investment in U.S. from Chinese businesses.
Doubled in 2010 to $4.9 billion from $2.2 billion in 2009.
Cheap imports can boost U.S. businesses.

14. Looking Ahead… Eurozone Concerns Republicans On the Move QE2 Results
Earnings Season
01/27 = Durable Goods Report
01/28 = GDP Report