Zachary Karabell explains how the Chinese and U.S. economies have become intertwined. Superfusion: How China and America Became One Economy and Why the World's Prosperity Depends on It, looks at how China has taken advantage of the support of American companies, how the United States has benefited from China’s growth, and how and it has become deeply in debt to China over the last two decades.
Event: Zachary Karabell will be speaking and signing books, as part of the National Committee on U.S. – China Relations at Jones Day
Thursday, November 12; the reception begins at 5:30 pm, the talk begins at 6:00 pm
222 East 41st Street
Seating is limited; registration is required. Please e-mail event@ncuscr.org by noon Monday, November 9, to register.
Guests:
Zachary Karabell
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Comments [5]
It sound like the guest works for a public relations firm employed by the Chinese government. Everything is fine in China. The Chinese government brings out numbers on growth and the number cannot be verified. So are the numbers true?
And why is it that some banks in China a going bankrupt due to defaulted internal loans
I'm suspicious of your guest's "Don't blame the country, blame the company" argument. Could the SEC use the same argument with respect to Bernie Madoff or Bear Stearns?
The whole concept seems kind of chi-merical to me!
all our electronics are shipped to be burned in chinese villages! I saw it on tv
Stand up against CNBC's spycams!
One comment and one question:
1) I think the difference between China and Russia was that China re-centralized it's political system during the cultural revolution. While in Russia, the USSR became more decentralized politically after the death of Stalin, which made it harder for Gorbachev to implement his policies. This is according to the books of Anders Ausland of the Petersen Institute.
2) Can you draw a straight line between USA companies being able to sell goods and services to China and job growth in the USA? When KFC opens up a store in China, or when Coke sells soda in China how does that money add to wages and jobs in the USA? If Catapiller is making the equipment in the USA and shipping to China then I can see how that helps employment and wages in the USA.
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