The economics of Christmas in China

The economics of Christmas in China

December 26, 2012 8:23 AM

Chinese manufacturers and retailers hope the burgeoning middle class's embrace of Western culture can fill the economic gap left by a drop in U.S. buying. Shannon Van Sant reports.

  • Recommended
  • Plane catches fire on Moscow runway Plane catches fire on Moscow runway

    0:48 May 18, 2013

  • Why the Benghazi controversy is Why the Benghazi controversy is "absolutely not" over

    4:40 May 17, 2013

  • Signs of Signs of "accommodation for Assad" in Syria?

    4:29 May 17, 2013

  • Watch: Man charges wild elephant Watch: Man charges wild elephant

    0:32 May 14, 2013

  • Video: Violent brawl breaks out in Beijing Video: Violent brawl breaks out in Beijing

    2:54 May 13, 2013

  • Giles Duley meets Syria's most vulnerable refugees Giles Duley meets Syria's most vulnerable refugees

    3:24 May 9, 2013

  • Queen Elizabeth marks the State Opening of Parliament Queen Elizabeth marks the State Opening of Parliament

    1:39 May 8, 2013