From the Asia Times online: “Santa Claus, were Christianity to disappear, would live on in China as a minor prosperity god. The Chinese love to shop and have naturalized the American symbol of Yuletide acquisitiveness. America’s contribution to Chinese prosperity goes beyond symbols, though. The United States gave China precisely what it lacked, namely an open market for goods, access to financial markets, and a store of value for savings, among other things. Providing a global reserve currency has been America’s decisive contribution to Chinese success. The result will be a Sino-US duopoly rather than a unipolar world.”
Spengler: Santa Clausewitz, a minor Chinese god
Posted by Xiao Qiang | Dec 21, 2004
