China's modernization takes it skyward

China's modernization takes it skyward

June 14, 2012 7:09 AM

China is investing hundreds of billions of dollars in its aerospace industry and it's where two-thirds of all new airports are being built. James Fallows, national correspondent for The Atlantic, talks to Charlie Rose and Erica Hill about his new book, "China Airborne," which looks at what all this means for the U.S.

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