The term “Chimerica” has been the epitome of the wishful thinking of liberal intellectuals around the world who deterministically infer that U.S. and Chinese economic interdependence ensures a peaceful hegemonic transition. According to this argument, as both Washington and Beijing engage in a positive sum economic relationship and enhance their material position ad infinitum, the Gates of Janus will be sealed by two prosperous societies who prefer commerce to conquest; consumption to cannons; goods to gunboats.

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