The historical economic relationship between the United States and China, often called 'Chimerica', was characterized by a symbiotic exchange where US businesses exported goods and transferred capital, management expertise, and technology to China, while China accumulated surpluses from exports to the US and reinvested them in US treasury bonds to finance American consumption.

Authors

• Person: Not available Organization: SWP
  Strategic Rivalry between United States and China

Sources

• Strategic Rivalry between United States and China www.swp-berlin.org SWP via serper

Referenced by nodes (2)

• U.S. location
• China location