James Fallows, National Correspondent for The Atlantic magazine, describes the United States' and China's current economic relationship.

Discussion Questions

1. Describe how actions taken by the United States and China led to an economic imbalance in both countries. What strategy, designed to help the United States and China achieve a balanced economic approach, does President Obama outline?
2. Explain the role China played in helping the United States after its economic collapse in 2008 - both the “emergency firefighter” and “rebuilding” roles.
3. In response to the caller’s comment, why does Mr. Fallows believe the United States cannot have a “blue print” plan like China? How does the caller propose the United States should compete with China? What is Mr. Fallows’ response?
4. Additional Resources: Click here to watch President Obama and Chinese President Hu Jintao’s entire joint press conference. For more information on Mr. Fallows, click here for his blog.