Richard Holbrooke; Changes in China; Elizabeth Economy

Former U.S. ambassador to the U.N. Richard Holbrooke breaks down the challenges that the new president of 2008 will face on his first day in office. Journalists Philip Pan and Joseph Kahn examine communism in China and the change to a more modern society. Elizabeth Economy, director for Asian Studies at the Council on Foreign Relations, reports on the challenges China faces as the Olympics come to the country.