SNL Obama China Skit
Drezner quips that the sketch manages to convey the nature of the relationship much more succinctly than his own 40-page academic treatise.
Note that, although it appears that President Hu has the power because he is repeatedly berating Obama, the content of the skit suggests otherwise. Hu’s repeated complaints that the United States is, er, “doing sex” to him demonstrates the very limited leverage China has over U.S. policy.
While $800 billion is indeed a lot of money, it’s not as large a chunk of U.S. public debt as widely imagined. But it’s enough to virtually assure that China will keep lending us more money.
As an aside, I’m bemused that SNL has managed to get away with having a white guy playing Obama for this long, much less having a white guy playing Hu and a white woman affecting the broken English of a Chinese translator.