Home » Dictionary » Chimerica

Chimerica

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)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

When I See the Night Sky, I Am Reminded of Homework

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...

Ghost Runner (episode #1631)   

In Japan, if you want to order a corndog, you ask for an Amerikan doggu (アメリカンドッグ). These types of coinages are called wasei-eigo, or “Japanese-made English,” and there are lots of them. Plus, there’s an atmospheric optical...

Recent posts