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THE TRANSPACIFIC EXPERIMENT by Matt Sheehan

THE TRANSPACIFIC EXPERIMENT

How China and California Collaborate and Compete for Our Future

by Matt Sheehan

Pub Date: Aug. 13th, 2019
ISBN: 978-1-64009-214-3
Publisher: Counterpoint

The United States and China are rivals on many fronts—and in California, “the world’s two most powerful countries are meeting, cooperating, and competing.”

Journalist Sheehan, a Californian who logged more than five years working in China, turns in a suggestive portrait of a place in which Chinese money has been responsible for no small amount of economic activity: the San Francisco Shipyards, say, “the city’s largest housing and retail development in decades,” and Hollywood, where many of today’s blockbusters have Chinese backing. In exchange, California-based companies such as Apple and Google have provided a lucrative outlet for Chinese manufacture while introducing new technologies into the Chinese market. In all, writes the author, China has reversed the position it held a century ago, a poor country whose chief export was labor. It has done so in at least some respects by shaping an image of California to suit itself: “blue skies, top universities, innovative technology, and global blockbusters.” The transformation has left China less dependent on outside markets—where Chinese graduate students in American universities once remained here, by one measure, most now return home with their advanced learning and skills—but has not substantially diminished the relationship between what Sheehan characterizes as America’s most liberal state and a stubbornly totalitarian government. Politics enters the picture along several fronts. Sheehan notes, for one thing, that whereas for generations California’s Chinese-descended population has been reliably Democratic, new immigrants, scornful of their predecessors, are often volubly conservative. Chinese companies have made missteps in California, notably in Hollywood, and American firms have made missteps in China, as when eBay opened the door for the emergence of Jack Ma’s giant Alibaba firm and was forced to retreat from the Chinese market, “the first time a Chinese internet company had gone head-to-head with its American rival and won.” Though the relationship has lately been troubled, Sheehan foresees continued interactions and mutual influence in decades to come.

Timely reading in an era of looming trade wars and the decline of American economic supremacy.