Chimerica
n.—Gloss: The symbiotic Chinese-American financial relationship, in which there is a great trade imbalance as Americans save little and buy lots, and there is a great investment in American Treasury bills and the dollar by the Chinese. «For decades, a similar relationship between the U.S. and Japan created great imbalances; the curious China-U.S. symbiosis that the economic historian Niall Ferguson calls Chimerica has compounded these.» —“Hope, thrift and stimulus” Globe and Mail (Toronto, Canada) Jan. 9, 2009. (source: Double-Tongued Dictionary)
Further reading
The English language has been greatly enriched by borrowings from the languages of Asia. Barely scratching the surface, we have from Japan skosh, tycoon, tsunami, origami, yen, kimono, futon, and karaoke. From Chinese comes yen, kowtow, gung ho, and...
One of the celestial bodies listed in The Dictionary of Minor Planet Names(Amazon) is called Sumaura. It’s the name of the oldest private elementary school in Kobe, Japan, and was suggested by the discoverer’s son. This is part of a...