Zachary Karabell: U.S. - China Relations

After more than a decade of intimate economic relations, China and the United States have become deeply intertwined. Historian Zachary Karabell maintains that while neither country is fully at ease with this partnership, the occasional tension over intellectual property, human rights, and regional strategy pales in comparison to the deepening and on-going economic bonds that tie the two countries together.

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The U.S. China Relationship

"The Beginning of a Beautiful Friendship? China, the U.S. and the Future of the World's Most Important Bilateral Economic Relationship," February 6,2012. Featuring: Zachary Karabell, President of River Twice Research, award winning Portfolio Manager of the China-US Growth Fund, author of "Superfusion: How China and American Became One Economy and Why the World's Prosperity Depends on It."

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Has China's Business Climate Cooled To U.S. Firms?

Google recently anounced it is moving part of its operations to Hong Kong; and harsh corruption sentences have been handed down to China-based executives of the British-Australian firm Rio Tinto. Zachary Karabell, author of Superfusion tells Renee Montagne that the recent events don't mean the business environment is souring for foreign firms in China.

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The U.S. and China: The Defining Issue of Our Day

In his current Asian trip, President Obama visits Japan, then addresses a forum of leaders in Singapore, and eventually ends up in Seoul to discuss nukes and North Korea. But make no mistake, the axis of this week is the time Obama will spend in China, which has catapulted to the forefront of international affairs and is on its way to joining the United States as the alpha and omega of the global economic system.

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Superfusion: How China and America Became One Economy and Why the World’s Prosperity Depends on It

The economic relationship between China and the United States is the defining issue of our day. While debates over health care are vital to American society, and while challenges ranging from Iran to Afghanistan to North Korea are real, nothing will determine the arc of the coming decades — or will shape domestic life and prosperity in the United States — more than the emergence of China as a global economic superpower unrivaled except by America.

 

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Krugman Is Wrong: Why China Won’t Revalue

For years, Americans have been fulminating about China and its policy toward currency. While many of the debates are technical and laden with econo-speak, they boil down to the simple conviction that China is unfairly manipulating its currency to keep it undervalued against the dollar. The result is to give China unfair advantages in trade - flooding the US with cheap goods, hurting labor wages world-wide, and accumulating massive surpluses in the process.

 

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LA TIMES BOOK REVIEW: SUPERFUSION BY ZACHARY KARABELL

In February, when President Obama signed a $787-billion stimulus bill, there was little question where the money would come from. The U.S. Treasury would print up bonds, and the Chinese government would buy a large share of them. After all, if the U.S. economy was to ever really tank, China's $1-trillion investment in U.S. debt would tank too. And who then would be left to buy a third of China's exports?

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Zachary Karabell on Chimerica: The Imminent Economic Integration of China & the US In Brief

In the wake of the global financial crisis, the unique relationship between China and the US has become the fulcrum of the world economy. As our largest creditor, Chinas lending to the US has buoyed American companies and even allowed them to reinvent themselves, selling to Chinese consumers. Author and economic trend analyst Zachary Karabell argues that our two economies have become so interconnected that theyve become one system: Chimerica. Karabell traces the initial forging of Chimerica that began after the suppression of the protests in Tiananmen Square in 1989 to the present. With a look at current affairs and the changing global economy, he urges that we accept China as the predominant economic partner of the future, or find ourselves left behind.

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Superfusion

The emergence of China as an economic superpower is now widely recognized, but as Zachary Karabell reveals in his new book Superfusion, that is only one aspect of the story. Over the past decade, the Chinese and U.S. economies have fused to become one integrated system and how they manage their relationship will determine whether the coming decades witness increased global prosperity or greater instability.

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Interview: Two countries, one economy. Welcome to 'Chimerica'

China and the United States are not fierce economic competitors and tentative allies. In fact, in economic terms they are not two ‘countries’ at all, but rather a single, unified behemoth called ‘Chimerica.’ That, anyway, is the counterintuitive opinion of “Wall Street Journal” contributor and New York-based economist and global financial consultant Zachary Karabell. Karabell’s new book, “Superfusion: How China and America Became One Economy and Why the World’s Prosperity Depends on It,” outlines the emergence of a singular mega-economy that “is hiding in plain sight, unrecognized, unacknowledged, and unwanted” by “many millions whose lives are being reshaped by it.”

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