Radio Smart Talk for Wednesday, January 25:
The Chinese New Year began Monday -- the 4710th Chinese New Year. It is the year of the dragon according to the Chinese zodiac calendar.
For many Americans, the Chinese New Year celebration is a mystery -- just like the entire People's Republic of China.
China is ruled by it's Communist Party. However, the Chinese economy is unlike other Communist nations, especially the old Soviet Union. China can be best described as being a state-run capitalistic system that includes a market economy and private property ownership.
It has worked well for the Chinese. China's economy has grown at a rate of nearly 10% for the past decade -- the most robust in the world. Manufacturing has made China the world's number one exporter.
Speaking of rankings, China also has the largest military on earth.
On Wednesday's Radio Smart Talk, we'll be joined by two experts to answer questions about China.
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