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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
MICHELLE CARUSO-CABRERA, CNBC ANCHOR: Well, from revaluing the yuan to the failed bid for CNOOC (CEO) and baidu.com (BIDU), that`s the Google (GOOG) of China, as they say, going public, it has been nothing short of a momentous summer when it comes to China. As we continue to discuss all the issues of the day with our guest co-host today, Paul O`Neill, we also want to bring in Andy Bernard. He is professor of international economics at the Tuck School of Business at Dartmouth College. And he joins from Hanover, New Hampshire.
Good to have you here, Professor Bernard.
ANDREW BERNARD, PROFESSOR OF INTERNATIONAL ECONOMICS, TUCK SCHOOL OF BUSINESS, DARTHMOUTH COLLEGE: Thanks for having me.
CARUSO-CABRERA: You know, every single day we are hearing about companies rushing into China. Just yesterday American Express (AXP), Goldman Sachs (GS) announcing a tentative agreement to buy into a Chinese bank. Should companies be rushing like this? It feels like a land grab. Do you think this is...
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