China: A Closer Look At Article

S., which has the potential to widen the already gaping trade gap between the two super economies. The U.S. is really in no position economically to begin to demand that China shape up its currency valuation policies and trade agreements toward the west. Crook's argument for action is compelling, and leaves the reader to wonder why the current U.S. presidential administration has really done nothing to remedy the ever-growing problem of U.S. And Chinese trade disagreements. As far as direct actions that the U.S. could take to fight back against the Chinese trade deficit, it would be quite easy and politically savvy for the Obama administration to begin taxing or discouraging outsourcing of U.S. production jobs to China, and begin to implement tariffs on Chinese goods. This would help reduce the incentives that U.S. companies have to move their labor elsewhere while at the same time raising the bar on imports from China, signaling to China that trade equality is a major priority...


administration. Another weapon the U.S. has to fight back against the Chinese is the U.S. dollar. China holds hundreds of billions of U.S. dollars and U.S. bonds, and with such a heavy position in U.S. currency, it would be relatively easy to begin to fight back against the Chinese currency valuation issue that currently exists.
Whatever the U.S. decides to do, it needs to act quickly. The global economic recession has given countries like China an opportunity to begin to exploit the economic weaknesses of other nations, specifically the U.S. This is not a new phenomenon, but the U.S. has a real opportunity to turn the tables against China and in its own favor relative to trade, the economy, and world currency valuation.

Sources Used in Documents:


Crook, Clive. (2010). "Time to get tough with China." Financial Times. Published 10

Oct, 2010. Available online at:

Cite this Document:

"China A Closer Look At" (2010, October 12) Retrieved June 13, 2024, from

"China A Closer Look At" 12 October 2010. Web.13 June. 2024. <>

"China A Closer Look At", 12 October 2010, Accessed.13 June. 2024,

Related Documents

China Eight inventions of the ancient Chinese include paper money, gunpowder, papermaking, the compass, printing, the noodle, the abacus and the kite (No author, 2005). Of these, four that can be considered to be ingenious were the compass, gunpowder, paper money, and the noodle. This paper will take a closer look at those four, their invention and what these inventions have meant for society. All of these inventions have had deeper

This is true not only in African countries with "dictatorial or authoritarian regimes but in fact China's […] commonly shared roots with African nations […] has struck a chord even with those democratically elected leaders in Africa," allowing China access to even those countries that might at first glance appear to natural allies to the United States due to their democratic form of government. Thus, Africa's colonial past has simultaneously meant

China and the Rule of

I do not approve of reading so many books. The method of examination is a method of dealing with the enemy. It is most harmful and should be stopped" (Johnson 1992:552). Mao wanted control of China's destiny -- and he wanted that destiny out of the hands of the religionists, whose doctrine was not formulated by him but by an outside body. Thus, places like Sacred Heart convent in

China-U.S. bilateral relationship The past one decade of the 20th century has witnessed dramatic fluctuations in the China-U.S. relations. For instance, the Taiwan Strait led to several summit meetings to take place in Washington and Beijing to decide the fate of the countries. Additionally, the decade ended with the relationship facing serious challenges including a U.S. congressional investigation on the contribution of the Chinese government to the U.S. campaigns (Huang 2000).

China's Taiwan Policy

China's Taiwan Policy China -- the most populous country in the world -- has exhibited remarkably high levels of sustained economic growth in the two decades since it reformed its economy following the death of Mao Zedong in 1976. According to some analysts, the country is poised to become the number one economy in the world sometime in the mid-twenty first century. There are, however, certain political issues that may affect

China IP China's intellectual property rights protections have come a long way since 1978, but there remains room for improvement. While the de jure situation with respect to protecting intellectual property rights approaches Western standards, the enforcement or de facto situation is less encouraging. Western companies have a difficult time enforcing the patchwork of laws and often fail to win judgments significantly large to serve as a deterrent to IP thieves. There