Freeman Report October 2008 - vol.6, no.10

Soon after the onset of the current global financial turmoil, Niall Ferguson declared the end of Chimerica, the symbiotic relationship between a productive China and a consumptive United States that aligned the world’s status quo power and its most significant challenger for much of the past decade. If the forces of globalization that brought the interests of the two countries into symmetry are no longer sustainable, how U.S.-China relations will fare in the post-Chimerica era is an important question to ask.