Word: sino
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Dates: during 2000-2009
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However, that Sino-American interdependence left the U.S. vulnerable to a crisis in China. When it came, the Chinese stock-market crash sent a shock wave through the entire Asian economy. Some blamed the powerful new Middle Eastern Shari'a-law banks, which had terminated their zero-interest-rate facilities for Shanghai hedge funds. Others saw the sinister hand of the Russian-controlled OGEC (Organization of Gas Exporting Countries), which had stunned energy importers in Asia by trebling natural gas prices. Either way, the impact was disastrous. Output collapsed. Unemployment soared. The Chinese banking system, which had never been entirely...
...Public opinion polls conducted in recent years by the Horizon Group, an independent research outfit in Beijing, show that an almost schizophrenic attitude toward the U.S. extends far beyond the upper echelons of Chinese society. A survey in late 2005 showed that two-thirds of the respondents thought Sino-American relations had improved over the last year and that three-quarters of them liked American culture - but the U.S. was also rated as the world's most unfriendly country toward China. Some 56% said they didn't believe that Americans respect China...
...ever with things Chinese, the weight of history hangs heavily over the Sino-American relationship. When officials of the Qing Empire began visiting America in the 1860s, some kept diaries that expressed what now seem like eerily familiar opinions. In their book Land Without Ghosts: Chinese Impressions of America from the Mid-Nineteenth Century to the Present, historians R. David Arkush and Leo O. Lee write that during the first period of interaction, from 1841 to around 1900, China's view of the U.S. was a mixture of wonder and fear. Woken from torpid indifference to the outside world...
...imperial collapse, warlordism, Japanese invasion and civil war, thousands of Chinese went to study at American universities. For a time, most of the country's ?lite officials, scholars and scientists were U.S.-trained. But that came to an abrupt halt with the Communists' victory in 1949. A year later, Sino-American relations hit their nadir during what Chinese call the "War to Resist America and Aid Korea," which left hundreds of thousands of Chinese dead, along with more than 50,000 Americans. Later, during the convulsions of the Cultural Revolution in the 1960s, the U.S. was routinely reviled as China...
...Sino-U.S. relations over the last 230 years have been marred by wars, diplomatic rows and xenophobia. But the desire for trans-Pacific trade has, in the end, always trumped cultural and ideological differences...