China's rapid expansion has been fueled in part by massive construction projects, like this one in Beijing, shown last year. But many economists say the Chinese economic model is unlikely to produce the same explosive growth in the coming years and needs to be revamped.
Credit Frank Langfitt / NPR
China faces overcapacity in various industries, including steel. This steel mill in the northern city of Tangshan went bankrupt in August after it expanded too quickly and the boss ending up owing banks more than $120 million. Authorities sealed the front gate with bricks.
Credit Frank Langfitt/NPR
China's government has poured a fortune into infrastructure in part to boost GDP. Not all the money is well-spent. This pedestrian bridge in the Southern boomtown of Shenzhen cost more than $8 million. Less than two years old, it already requires repairs.
Credit Frank Langfitt / NPR
Eight bridges have collapsed around China since 2011. Here, government investigators examine a recently built entrance ramp that collapsed this summer in the northeastern city of Harbin, killing three people. Local residents believe government corruption and substandard materials are to blame.
If you followed American media in recent years, you might have thought China was taking over the planet. Recent titles at the book store have included Becoming China's Bitch and When China Rules the World.
"They are the world's superpower or soon will be," Glenn Beck used to intone on Fox News. "They always thought America was just a blip."
And when the city of Philadelphia postponed an Eagles football game a couple of years ago because of a blizzard forecast, then-Gov. Ed Rendell said America — unlike China — was becoming a nation of "wussies."
As the presidential campaign has unfolded, the candidates have traded polemics about wealth, class warfare, taxes, dependency and the role of government.
And while it may be uncomfortable to admit, some Americans are simply more financially successful than others. But why do some achieve wealth, while others struggle? Why does one woman make it to the executive suite, while another man drives a taxi? And what do we think explains our prosperity — or lack thereof?
In lower Manhattan, the New York Stock Exchange was closed yesterday. It's closed again today; slated to reopen tomorrow. More on that, coming up. But Wall Street is not the only industry in lower Manhattan facing trouble from the hurricane. Zoe Chace, of NPR's Planet Money team, has been getting a look around.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
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Looming over the recovery from Super Storm Sandy is what to do about next Tuesday's election? The prospect that some voters could still be displaced or without power a week from today has election officials trying to come up with alternative plans.
It even has some people talking about the highly unusual step of delaying the vote, as NPR's Pam Fessler reports.
Hurricane Sandy made landfall in southern New Jersey and left a path of destruction all the way up the state. Just across the river from New York in Bergen County, water flowed over the top of a levee along the Hackensack River, and then it poured into the town of Moonachie.
As this long election comes to end, Superstorm Sandy is offering a chance for President Obama to showcase his leadership skills one last time.
For Obama, this campaign has truly been a fight against the elements: a painfully slow economic recovery and a political landscape in which the Republicans swept the table just two years ago. The Obama campaign, with its trademark discipline and meticulous organization, set out to overcome these obstacles.
But the long campaign has also put the spotlight on features of Obama's own personality and performance.