The U.S. and Chinese Economies Are ‘Superfused’

“This is not a detachable relationship,” Zachary Karabell said, referring to the U.S.-China relationship, at the EastWest Institute yesterday. The visit by the author of “Superfusion: How China and America Became One Economy and Why the World’s Prosperity Depends On It” could not have been better timed, coinciding with President Barack Obama’s trip to the world’s third-largest economy and the largest owner of U.S. debt. “There is an interdependence that has begun to erode the sovereignty of both nations,” Karabell said, outlining the premise of his new book. According to Karabell, after the suppression of the Tiananmen Square protests in […]

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