wnyc.org / 93.9fm / am 820

On Demand

Superfusion

Monday, November 02, 2009

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.


Comments

  • [1] RC November 02, 2009 - 12:23PM

    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.


  • [2] cowbelle from cow country November 02, 2009 - 12:33PM

    all our electronics are shipped to be burned in chinese villages! I saw it on tv

    Stand up against CNBC's spycams!


  • [3] Amy from Manhattan November 02, 2009 - 12:34PM

    The whole concept seems kind of chi-merical to me!


  • [4] C.G. from Manhattan November 02, 2009 - 12:36PM

    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?


  • [5] Taher from Croton on Hudson November 02, 2009 - 12:40PM

    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


Leave a Comment

Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. WNYC reserves the right to edit any comments posted on this site. Please read the WNYC.org Comment Guidelines before posting.

Your comment


* required
The information entered into this form will not be used to send unsolicited email and will not be sold to a third party.
 
Back to Episode