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| TIME | SPEAKER | TEXT |
|---|---|---|
| 00:00:18 |
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ALEXANDRA HARNEY IS THE AUTHOR OF THE BOOK "THE CHINA PRICE." THANK YOU FOR BEING HERE. WHAT IS THE... |
| 00:00:35 |
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A WHOLE GENERATION OF WORKERS RIGHTS THAT WERE DENIED FOR A LONG TIME. THAT IS STARTING TO CATCH UP... |
| 00:00:43 |
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WHAT IS BEHIND IT THE COMPETITIVE ADVANTAGE? |
| 00:00:49 |
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I SPENT A COUPLE OF YEARS ON THE GROUND IN CHINA TO FIND OUT WHAT THE COMPETITIVE PRICE WAS. THERE... |
| 00:01:29 |
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WHAT IS THE COST TO THE UNITED STATES? |
| 00:01:34 |
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ONE OF THEM IS THE BROWN CLOUD OF POLLUTION SHOWING UP ON THE WEST COAST OF AMERICA. ALSO THE SCANDALS.... |
| 00:01:52 |
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IN YOUR RESEARCH YOU WRITE ABOUT TWO TYPES OF CHINESE FACTORIES. THOSE THAT ARE KNOWN IN THOSE SHADOW... |
| 00:02:03 |
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IN MY BOOK I TELL THE STORY OF A YOUNG MAN WHO STARTED HIS OWN FACTORY IN SOUTHERN CHINA. HE WAS SUPPLYING... |
| 00:03:01 |
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THAT WAS WHERE MOST OF THE WORK WAS BEING DONE? |
| 00:03:05 |
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A LOT OF IT, YES. |
| 00:03:08 |
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HOW WERE YOU ABLE TO SEE BOTH TYPES OF FACTORIES WHEN A LOT OF PEOPLE READ ABOUT HOW SECRET THE CHINESE... |
| 00:03:17 |
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I AM -- I AM NOT SURE HOW RELATED CHINESE GOVERNMENT IS. IT WAS REALLY AT MATTER OF GETTING THAT... |
| 00:03:35 |
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I WANT TO GET YOUR REACTION TO THIS HEADLINE THIS MORNING AND WHAT IT MEANS FOR WHAT YOU WROTE ABOUT.... |
| 00:04:09 |
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WHAT IS STARTING TO HAPPEN, THE IMF IS PREDICTING 6% GROWTH INSTEAD OF 9% IN CHINA. CHINA IS SLOWING... |
| 00:04:32 |
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JOINING US FROM OUR C-SPAN CIVICS BUS ARE A HANDFUL OF STUDENTS FROM ROCKY MOUNTAIN HIGH SCHOOL. THEY... |
| 00:04:56 |
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GOOD MORNING. |
| 00:05:00 |
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GO AHEAD. |
| 00:05:04 |
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MY QUESTION, IS EXPANDING TRADE WITH CHINA GOING TO HELP THE UNITED STATES GET THROUGH ITS ECONOMIC... |
| 00:05:11 |
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GREAT QUESTION. I AM ALL FOR MORE TRADE. CLEARLY, WE AS AMERICA WANT TO BE EXPORTING MORE. WE WANT... |
| 00:05:46 |
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NORTH CAROLINA, DEMOCRATIC LINE. CALLER: YES, MA'AM. |
| 00:05:51 |
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GOOD MORNING. CALLER: WHAT I AM CONCERNED ABOUT IS THAT WE MOVED ALL OF OUR JOBS OUT OF THE UNITED... |
| 00:06:34 |
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GREAT QUESTION. ONE THAT I THINK ABOUT A LOT. WE OBVIOUSLY HAVE A REAL ISSUE AS WE SHIFT OUR ECONOMY... |
| 00:07:25 |
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YOU WRITE IN YOUR BOOK THAT THE TIDE IS CHANGING WHEN IT COMES TO LABOR WORKERS AND RURAL WORKERS... |
| 00:08:12 |
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GIVEN WHAT YOU JUST SAID AND THE NEWS REPORTS THAT ARE OUT THERE THAT CHINA BUYS U.S. THAT, WHO HAS... |
| 00:08:31 |
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IN WHAT WAY? |
| 00:08:33 |
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IN CHANGING THE CHINESE ECONOMY AND THE WAY THAT IT IS RUN. |
| 00:08:39 |
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IT IS INTERESTING, I THINK THAT AMERICAN RETAILERS SAID THE CONDITIONS. THEY ARE VERY POWERFUL. INCREASINGLY... |
| 00:09:03 |
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THIS IS THE HEADLINE FROM "THE FINANCIAL TIMES." YOUR FORMER EMPLOYEE, FORMER EDITOR, "THIS IS NOT... |
| 00:09:24 |
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AMERICAN RETAILERS ARE SO POWERFUL, RIGHT NOW THEY ARE ABLE TO MAKE IT AT A CERTAIN PRICE. WHO ELSE... |
| 00:09:36 |
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LOTS OF PEOPLE IN ASIA ARE ASKING THAT QUESTION. SOME RETAILERS HAVE TRIED TO SHIP ORDERS TO VIETNAM... |
| 00:10:22 |
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NEXT CALLER, NEW YORK. CALLER: HOW HAS THIS RECESSION HURT THE CHINESE LEGAL SERVICES? THANK YOU?... |
| 00:11:04 |
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MICHAEL WILLIAMS, BEFORE YOU ASK YOUR QUESTION THAT WE ASK YOU DO YOU BUY PRODUCTS FROM CHINA? DO... |
| 00:11:22 |
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YES, I MEAN IT BIG PART OF OUR LIVES. EVERYBODY BUYS STUFF FROM CHINA. I DO HAVE AN IPOD. |
| 00:11:31 |
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DO YOU LOOK AT WHERE PRODUCTS, COME FROM BEFORE YOU BUY SOMETHING? DOES THAT FACTOR INTO THE EQUATION?... |
| 00:11:37 |
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NO, IT DOES NOT. |
| 00:11:44 |
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[LAUGHTER] OKAY. GO AHEAD WITH YOUR QUESTION. |
| 00:11:51 |
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I WAS WONDERING YOUR THOUGHTS ON CHINA'S -- THE U.S.'S BORROWING MONEY FROM CHINA AND THEY EXPORT TO... |
| 00:12:28 |
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ONE OF THE THINGS THAT IS OFTEN SORT OF MISS UNDERSTOOD IS THAT FIRST OF ALL, IT IS A MULTI LATERAL... |
| 00:13:15 |
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WHAT IS YOUR BACKGROUND? WHAT YOU DO NOW? ARE YOU CURRENTLY LIVING IN CHINA? |
| 00:13:22 |
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I LIVED IN HONG KONG. I DO LOTS OF INVESTOR RESEARCH AND SPEAKING ABOUT CHINA. MY BACKGROUND WAS ORIGINALLY... |
| 00:13:50 |
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TAXES, YOUR NEXT. -- AUSTIN, TEXAS. YOU ARE NEXT. CALLER: OUT AND 70% OF OUR GDP EVER REBOUND FROM... |
| 00:14:49 |
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THOSE ARE A LOT OF -- |
| 00:14:51 |
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THOSE ARE A LOT OF INTERESTING POINTS. I WAS MAKING A SIMILAR POINT TO A CHINESE FARMER IN THE COUNTRYSIDE.... |
| 00:16:12 |
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IT TOOK YOU WHAT, TWO YEARS TO WRITE THIS BOOK? WHAT SURPRISED YOU WHEN WRITING THIS BOOK? |
| 00:16:24 |
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I WAS SURPRISED AT MY FULL EXTENT OF DAMAGE -- WAS SURPRISED BY THE FULL EXTENT OF THE DAMAGE OF THE... |
| 00:16:51 |
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SHE LITERALLY MOVED FROM ONE FACTORY TO ACROSS THE STREET AND MADE THAT TRANSFORMATION. WHAT WAS THAT... |
| 00:16:59 |
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FOR HER IT SURPRISINGLY RESULTED IN LOSS OF SECURITY. REAL-ESTATE AGENTS IN CHINA, AS ELSEWHERE, WORK... |
| 00:17:39 |
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BETHANY, GOOD MORNING. CALLER: WHAT ARE THE CONDITIONS IN CHINA? GUEST OF THE MAIN PROBLEM RIGHT ... |
| 00:18:29 |
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YOU WROTE ABOUT WAL-MART EXECUTIVES VISITING A FACTORY. YOU ALSO WROTE ABOUT LIZ CLAIBORNE AND THE... |
| 00:18:55 |
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THERE IS A WHOLE COTTAGE INDUSTRY OF PEOPLE WHO ARE BY YEARS AGO TO VISIT THE FACTORY. MY CONCERN... |
| 00:19:35 |
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DO THESE BUYERS LIVE IN CHINA? OR ARE THEY VISITING, NOT ALLOWING THEM TO SEE ALL THE DIFFERENT ASPECTS... |
| 00:20:13 |
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WEST VIRGINIA, REPUBLICAN LINE. CALLER: FIRST OF ALL, THANK YOU TO C-SPAN. I WOULD LIKE TO THANK THIS... |
| 00:21:34 |
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THE ONE THING THAT I WOULD WANT TO TAKE ISSUE ON WITH YOU IS THIS QUESTION OF SLAVERY. I DO NOT SEE... |
| 00:22:47 |
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HERE IS "THE NEW YORK TIMES. REVIVAL OF CONCERNS AMONG STADES ANSWERS UNEASE ABOUT BEIJING'S ONE... |
| 00:23:12 |
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FAMILIES WERE, IN 1989, REGULATED TO HAVE ONLY ONE CHILD, MAYBE TWO IF YOU WERE IN THEIR. |
| 00:23:26 |
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LEFT IT ONE LAST QUESTION FROM OUR STUDENTS. COLIN. |
| 00:23:32 |
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IN AMERICA WE ARE RAISED WITH THE IDEA THAT WE CAN DO EVERYTHING -- ANYTHING THAT WE WANT. IS IT THE... |
| 00:23:46 |
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I DO NOT WANT ANYONE TO THINK THAT FACTORY WORK IS NOT DOING SOMETHING GOOD, BUT SHE WANTED TO DO... |
| 00:24:32 |
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THANK YOU SO MUCH FOR BEING HERE. COME BACK AGAIN. WE WANT TO THANK OUR STUDENTS AS WELL IN ROCKY... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.
