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Chimerica (6/6)


This is also part of this series: Ascent of Money, The (6)

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Subjects: Anthropology, Asian Studies, Business Studies, Economics, Finance, History, International Relations, International Trade

Grade Level: SrH-Adult
Producer: BBC
Closed Captioned: No
Running Time: 50 mins
Country of Origin: Great Britain
Study Guide: No

Copyright Date: 2008
Available in French: No

Since the 1990s, once-risky markets in Asia, Latin America and eastern Europe have become better investments than the UK or US stock market. The explanation is the rise of ‘Chimerica', the economic marriage of China and the United States. But does it make sense for poor Chinese savers to lend to rich American spenders?