In recent hearings on Capitol Hill, Federal Reserve Board Chairman Ben Bernanke and Treasury Secretary Timothy Geithner have been grilled over the role of China in the world economy.

Perhaps lawmakers should also question Richard Fisher, the president and chief executive of the Federal Reserve Bank of Dallas, who claimed in a speech Friday to have "the longest experience in China not only of any Federal Reserve official, but perhaps of any American policymaker you will ever meet."

How did Fisher gain such insight into the Chinese economy? He was conceived there, he told an audience at a Beijing university.

"I was assembled by an Australian-South African consortium in China, then shipped across the Pacific to become one of the innumerable factors that make for a dynamic economy that is uniquely American," he said.