1000 results for “China”.
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 that China has a natural cultural, historical, and ideological connection to the continent while any action by the United States is viewed with a degree of inherent suspicion and reluctance; the difficulty the United States has faced in developing close strategic and economic partnerships in the region is evidenced by the fact that it has yet to find a suitable host nation for AFRICOM, the U.S. military command on the continent, even amongst putative allies, at the same time that…
Bibliography
da Cruz, Jose de Arimateia and Laura K. Stephens. "The U.S. Africa Command (Africom):
Building Partnership or Neo-Colonialism of U.S.-Africa Relations?" Journal of Third
World Studies 27 (2010): 193-213.
de Morais, Rafael Marques. "THE NEW IMPERIALISM: China in Angola." World Affairs 173
China Sample
The China Fallacy provides an interesting perspective between American perception and that of economic reality. The book illustrates, how in many instances, a disconnect between truth and reality has the potential to create unnecessary conflicts between parties. The China Fallacy is no different in this regard. Within the book, the author Donald Gross illustrates how the notions of security, economic turmoil, and political instability are skewed within the general public. Gross also illustrates that it is in the best interest of the United States to allow China to prosper and flourish. This prosperity, Gross argues, will ultimately lead to an optimal relationship between the two countries, abating many of the negative influences that plague them. Gross, in his book provides solutions to abate the influences that society deems important to U.S.- China relations while also providing means to expand the overall relationship in a sustainable manner. Through his literature,…
References:
1) "CIA - The World Factbook." Welcome to the CIA Web Site -- Central Intelligence Agency. Web. 16 Oct. 2010. .
China
Under Communism, Confucian values, considered vestiges of the old feudal system, were supposed to have been completely swept away. Judging from what you have read from the readings, do you believe Confucianism completely disappeared after 1949?
Confucianism is the philosophical and ethical system of belief based upon the teachings of the Chinese philosopher Confucius. The core belief of Confucianism was humanism which is the belief that human beings can change, adapt, and grow. No one's identity or personality is concrete and anyone can learn from their mistakes and change. People are asked to make decisions using reason, logic, and critical thinking. hen the Communists took control of China in the, Confucianism was abandoned officially because those in charge did not want people thinking for themselves. Instead, the people were to listen to the word of the government and to accept their demands without question. Although under Chairman Mao and the Communist…
Works Cited:
Chen, Yuan-tsung. The Dragon's Village. New York: Pantheon, 1980. Print.
Elliott, Mark C. Emperor Qianlong: Son of Heaven, Man of the World. New York: Pearson
Longman, 2009. Print.
DeWoskin, Rachel. Foreign Babes in Beijing: Behind the Scenes of a New China. New York:
China Largest Country in World
China the Largest Country in the World
China is the largest country in the world. You are thinking about marketing your product in their country. Your information must be current (NLT2004). You are to conduct a comparative analysis between China and the United States. You are to determine the population of China, the mean gross income, the gross national product (GNP).
When you compare the United States with China, it is clear that the U.S. is a more developed nation. Evidence of this can be seen by: comparing the median income and the GNP of both counties. As the U.S. has an average income of $47,200.00, while China has median income levels of $7,600.00. In the case of the GNP, the U.S. is much larger than China with their economy realizing $14.66 trillion in total output for 2010. Whereas China; is experiencing GNP productivity rates of $5.878 trillion.…
Bibliography
Bolivia. (2011). CIA World Fact Book. Retrieved from: https://www.cia.gov/library/publications/the-world-factbook/geos/bl.html
Columbia. (2011). CIA World Fact Book. Retrieved from: https://www.cia.gov/library/publications/the-world-factbook/geos/co.html
China. (2011). CIA World Fact Book. Retrieved from: https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html
Japan. (2011). CIA World Fact Book. Retrieved from: https://www.cia.gov/library/publications/the-world-factbook/geos/ja.html
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 Peking were closed, the sisters expelled, the school children sent home. Not limited to Christianity, Mao's Cultural Revolution targeted "Moslem institutions and uddhist sanctuaries" as well (Fitzgerald 1967:124).
The Cultural Revolution was, of course, fueled by Mao's own Romantic tendencies. Unable to accept reality on its own terms, Mao insisted on having it his own way. His pseudo-intellectual wife convinced him to leave Peking in 1965. They settled in Shanghai, where Mao nursed his "hatred of Soviet Russia and its leadership,…
Bibliography
Fitzgerald, C 1967 'Religion and China's Cultural Revolution' Pacific Affairs, 40, 1/2, pp
124-129.
Guangbin, Y 2007 'Interest Groups in China's Politics and Governance' EAI.
Horsley, J 2006 'The Rule of Law in China: Incremental Progress' Yale Law.
China-Puerto Rico
K -- 12 Students in China and Puerto Rico
In this essay, the author will use the 2009 PISA analysis to compare the China and Puerto Rico's policies on education and the impact or influence on the performance of K -- 12 students. Both countries are radically different in that they have different relationships with PISA and OECD. China is not a member and the Puerto Rico is via its relationship with the United States as a commonwealth entity (Fleischman, Hopstock, Pelczar & Shelley, 2011, 3).
hile in certain categories China is not rated, China is being rated by the OECD standards because of the shear size of China. The rating standards are set by areas such as Shanghai-China, and Hong-Kong China is areas such as Combined reading literacy scale and reading literacy sub-scales in the table below in areas such as those in the table below as they are compared…
Works Cited
Central intelligence agency: puerto rico. (2011). Retrieved from https://www.cia.gov/library/publications/the-world-factbook/geos/rq.html .
Fleischman, H.L., Hopstock, P.J., Pelczar, M.P., & Shelley, B.E.U.S. Department of Education,
National Center for Education Statistics. (2011). Highlights from pisa 2009: performance of u.s.
15-year-old students in reading, mathematics, and science literacy in an international context.
In each of these cases, the impact of the countries' relative geographic proximity should not be underestimated. Countries like Britain and France, or Holland and England, had significant land to gain from the other and this was a main reason for their conflicts.
The only instance in which a rising power usurped the existing power without war resulting was when the United States overthrew Britain; this example is more analogous to the dynamic between the United States and China since there is less geographical proximity. However, it should also be noted that the United States is significantly more powerful than Britain was and so they should not feel as threatened. However, it would be most useful for the United States to work cooperatively and attempt to contain China's rise through engagement. An attempt to contain China would be ill-advised as it would vastly underestimate the influence that China possesses within…
References
Finn, J.D. (2008). China-U.S. Economic and Geopolitical Relations. Hauppauge: Nova Science Publications, Inc.
Qingguo, J., & Rosecrance, R. (2010). Delicately poised: Are China and the U.S. heading for conflict? Global Asia, 4(4).
China and India Trends towards Western-Style Consumption
Products that interest these youth markets
In these markets, the youths are intrigued by technological applications. They lead the world in innovation ranging from mobile platforms, automated cars and internet purchasing. This has been accelerated by the emulation of Western-style consumption, which is characterized by mobile devices instead of television or computers as their principal source of information access. Experts in social media argue that these markets will leapfrog America in terms of mobile innovations and corporations will seek to provide effective attempts than the U.S. (Doole & Lowe, 2008). Many young people in these markets have trendy cell phones with data access surpassing voice for the first time across this continent. It is arguably believed that mobile phones are likely to be the chief banking method in these countries. This is because the youths are already using them to make micropayments among themselves.
New technologies…
References
Doole, I., & Lowe, R. (2008). International marketing strategy: Analysis, development and implementation. London: Cengage Learning.
Heide, M. (2013). Opportunities and Risks in India and China. Mu-nchen: GRIN Verlag GmbH.
Jones, S. (2012). BRICS and beyond: Executive lessons on emerging markets. Chichester, West Sussex, U.K: John Wiley & Sons Ltd.
The new reform policies set up industries producing appliances, textiles, garments, computers, mobile phones and other inexpensive manufactured goods (Shekarabi & Rabii 2007). While China opened up to foreign investments and the outside world, its leaders assured that the transition to a market-oriented economy would be complemented with policies to promote social stability. As foreign money pours into the Chinese markets, research and development in various fields advance the status of the state and the population. As a consequence of economic growth, improved infrastructure, better public facilities, agriculture, housing and social welfare programs raise the Chinese people's standard of living. Further consequences are a decrease in disease, infant mortality and poverty. New management care techniques and advanced pharmaceuticals are introduced. The massive infusion of trade, commerce, services and new information replaces the obsolete and brings new awareness of other nations, global issues and human rights among the citizens (Shekarabi &…
BIBLIOGRAPHY
China Guide. China's Political System. Chinaguide.org., 2009. Retrieved on March 30,
2009 from http://www.chinaguide.org/guide/chinas-political-system/
Darlington, Roger. A Short Guide to the American Political System. Roger Darlington,
2009. Retrieved on March 29, 2009 from http://www.rogerdarlington.me.uk/Americanpoliticalsystem.html
(China, Sudan and the Darfur Conflict Fact Sheet). The types of arms that have been purchased by the Sudan from China since the 1990s include tanks, helicopters, and fighter aircraft as well as antipersonnel and antitank mines. There are many reports of the use of Chinese weapons in the ongoing struggle in the Sudan.
A according to a Sudanese government official. The SPLA in 1997 overran government garrison towns in the south, and in one town alone, Yei, a Human Rights atch researcher saw eight Chinese 122 mm towed howitzers, five Chinese-made T-59 tanks, and one Chinese 37 mm anti-aircraft gun abandoned by the government army,,
China, Sudan and the Darfur Conflict Fact Sheet).
Other indications of the involvement and relationship between the two countries in terms of arms and weapons can be seen in the fact that China has aided Sudan in establishing three weapons manufacturing facilities in the country, which…
Works Cited
Calling on China: The China-Darfur Connection. December 2, 2007. http://www.brookings.edu/opinions/2004/0805africa_cohen.aspx
China, Sudan and the Darfur Conflict Fact Sheet
http://www.savedarfur.org/pages/china_sudan_and_the_darfur_conflict_fact_sheet
Darfur: a genocide we can stop. December 3, 2007. http://www.darfurgenocide.org/
China's massive growth over the last two decades has brought with it a similarly explosive need for energy resources, a need that as of yet cannot be fulfilled by domestic reserves. Thus, China imported 3.5 million barrels of oil per day in 2006, and that number is expected to increase to 13.1 million barrels per day by 2030 (Hanson 2008). Subsequently, "as the world's second-largest consumer of oil, and with only limited national resources, China is attracted to Africa's relatively underexploited petroleum and other natural resources" (Alden 2006). China's efforts in this area have become increasingly overt, to the point that "China's state oil company, China National Petroleum Corporation (CNPC), has invested heavily in partnership with national petroleum (and natural gas) interests in the Sudan, Angola, Algeria and most recently Gabon." Furthermore, as Alden notes, "China has used a range of other economic instruments -- financial assistance, prestige construction projects…
Reference List
Alden, C. (2006), "China in Africa," Survival, vol. 47, no. 3, pp. 147-16.
Hanson, S. (2008), "China, Africa, and Oil," Council on Foreign Relations.
King, K. (2006), "Aid within the Wider China-Africa Partnership: A view from the Beijing
Summit 1," University of Hong Kong & University of Edinburgh.
For example, there are several suspicions regarding the foreign companies audited by Chinese authorized auditors, given their reduced number and lack of experience. Another example regards China Life Insurance, which was listed on the Hong Kong and New York stock exchanges, raising approximately $3.4 billion. The company's future evolution was not as successful, since the following year a routine audit on the company revealed that it had uncovered $652 million in financial irregularities. The result was the immediate fall of stock, attracting a series of lawsuits regarding financial fraud. The United States investors were obviously misled, they lost significant amounts of money, their efforts were in vain, and their image was severely shaken.
The consequences of this defective accounting system that is still applied in China can become quite severe for foreign companies that invest here. As mentioned above, a series of financial irregularities can emerge. Although these irregularities are…
China's Economic Reform
An Examination of Economic Reforms in China since 1980
As the 21st century unfolds, China has emerged as a potential political and economic juggernaut that appears to be finding its stride in the international community and marketplace. As the second-largest economy in the world after the United States, the Chinese people have clearly embraced international commerce in a major way. To date, though, while there have been a number of political and economic studies conducted at the national level on China, specific regional studies are less common; however, the 1989 analysis of Guangzhou by Ezra F. Vogel helps to place this enormous region into perspective. In this regard, this paper will provide an overview of the economic reforms taken by the Chinese leadership in general since 1980, and those in Guangzhou in particular, to identify the impact of these reforms on the country's social and economic progress. An analysis…
Works Cited
China Economy. (2005). U.S. Government: CIA World Factbook. [Online]. Available: http://
www.cia.gov/cia/publications/factbook/geos/ch.html#Econ.
Hao, Jia. Changing Central-Local Relations in China: Reform and State Capacity. Boulder,
CO: Westview Press, 1994.
China's Economy
The Sustainability of China's Present Economy
The Sustainability of China's Present Economy
In the past thirty years the Chinese economy has exhibited phenomenal growth, especially when compared to what the country had seen for the century before that. China has become a model of economic efficiency and stability. They have used different models to attain this through a graduated system that has been marveled at by the rest of the world. With a mix of free markets and governmental control, China has been able to achieve something few thought possible.
However, quick rising bubbles often collapse. Just like a souffle, China's economy could be in for a fall with the slightest, unconscious bump.
People have been analyzing this growth for the past three decades, and there are many theories regarding the sustainability of the model with which China has, so far, been successful. This research paper is designed to examine where china has…
References
Ahrens, J., & Mengerinhaus, P., 2006. Institutional change and economic transition: Market-enhancing governance, Chinese-style. The European Journal of Comparative Economics, 3(1). pp. 75-88.
Alon, I., 2003. Chinese economic transition and international marketing strategy. Westport, CT: Praeger.
Auty, R.M., 2001. Resource abundance and economic development. Oxford: Oxford University Press.
Bramall, C., 2000. Sources of Chinese economic growth, 1978-1996. Oxford: Oxford University Press.
The Chinese policy makers had already managed to implement the efforts in the sense of market liberalization, stabilization and privatization. But in order to ensure that economic growth would follow, they needed to also ensure that the government would act as a facilitating force. Emphasis was for instance placed on the offering of incentives or the improvement of the relationships and collaboration between the private entities and the state institutions. At the level of the government, the reform was sensitive to revenues in the meaning that it became imperative to improve the role of the government, but not negatively impact its revenues.
The development of the public and private institutions initially from socialist institutions into transitional institutions, and then eventually their alignment with international norms in terms of resources and standards, so that they become best practice institutions.
Qian argues that China has managed to complete its reform processes and would…
References:
Qian, Y., How reform worked in China, In Search of prosperity: analytic narratives on economic growth by Dani Rodrik, 2003, pp. 297-333
2010, An economic history of India from 1947-2011, Knight's Christian Commentaries and Worldwide News, http://eternian.wordpress.com/2010/02/20/failed-state-india / last accessed on October 19, 2011
China economic history, Active UK China, http://www.activeukchina.com/China-Economic-History.html last accessed on October 19, 2011
India economy, Maps of India, http://www.mapsofindia.com/india-economy.html last accessed on October 19, 2011
China's One Child Policy
Historically, it is noted that Mao Zedong, once a China president encouraged population growth which saw the population of China almost double during that period of his leadership. This led to overpopulation and the stretching of the social amenities and most importantly the economy. In order to address this challenge, the one -- child policy was introduced in China. This is a policy which forbids any family from having more than one child especially in the urban areas. This was a rule that was established under the watch of Deng Xiaoping in 1979 as a temporary measure to the challenge of overpopulation, albeit more than four decades down the line, the policy still is in enforcement and there are no signs of it beings scrapped from the legislation of China (Matt osenberg, 2011).
There were punitive measures that are put in place in order to enforce this directive.…
References
Andrew Jacobs, (2008). China's one-child policy has exemptions for quake victims' parents.
Retrieved December 6, 2011 from http://www.nytimes.com/2008/05/27/world/asia/27iht-27child.13232512.html
BMJ Publishing Group, (2011). Ratio of males to females in China. Retrieved December 6, 2011
from http://www.bmj.com/content/338/bmj.b483.full
China's currency manipulation is one of the most important. The Chinese government buys foreign currency, keeping the value of the yuan low. hile this is a benefit to Chinese exporters, it makes non-Chinese products more expensive in China. High prevalence of government control in key industries is another non-tariff barrier. Some of this changed with China's ascension into the TO. A government entity, COFCO, handled both imports and exports of a wide range of agricultural products, but now many of China's agencies for agricultural trade have been converted to for-profit enterprises, reducing the impact of government intervention in agricultural trade (Carter & Rozelle, 2004).
Tariffs and minor trade disputes, however, have proliferated between China and major trading partners in recent years as China seeks to stimulate its economy. For example, China has increased tariffs on American chicken (89% of China's chicken imports) in order to protect domestic producers (Food Manufacturing,…
Works Cited:
BBC. (2001). China joints WTO -- at last. BBC. Retrieved October 6, 2010 from http://news.bbc.co.uk/2/hi/business/1702241.stm
WTO (2010). World tariff profiles 2009 -- summary tables. World Trade Organization. Retrieved October 6, 2010 from http://www.wto.org/english/res_e/booksp_e/tariff_profiles09_e.pdf
CIA World Factbook. (2010). China. Central Intelligence Agency. Retrieved October 6, 2010 from https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html
Carter, C. & Rozelle, S. (2004). Will China's agricultural trade reflect its comparative advantage? Economic Research Service USDA. Retrieved October 6, 2010 from http://www.ers.usda.gov/publications/aib775/aib775k.pdf
This is not necessarily because the economy will not develop further, but it cannot remain at the same rate. esides the problems listed previously that can affect the development of the economy as a sustainable economy, the simple fact that China has been developing at this rate for over 20 years is a reason enough to believe it cannot sustain a similar growth over the next 20. There were extraordinary circumstances that have led to this growth, besides the introduction of different reforms that stimulated the economy.
usinesses and different countries suddenly became interested in such a huge market such as the Chinese one and foreign investments soared in these decades. The reason for which they are still growing is that the Chinese economy is still extraordinarily attractive and has still a lot to show for. However, we can expect a certain point in time when, despite being still a…
Bibliography
1. Chinese Economy. The U.S.-China Business Council. Published June 2007 on http://www.uschina.org/info/analysis/2007/june-china-economy.html.Last retrieved on August 7, 2007
2. Economic Survey of China 2005: Key challenges for the Chinese economy. Published September 2005 on http://www.oecd.org/document/7/0,3343,en_2649_37443_35343687_1_1_1_37443,00.html.Last retrieved on August 7, 2007
3. Scahs, Jeffrey D. January 2004. Welcome to the Asian Century by 2050, China and maybe India will overtake the U.S. economy in size. Fortune - CNN Money. On the Internet at http://money.cnn.com/magazines/fortune/fortune_archive/2004/01/12/357912/index.htm.Last retrieved August 7, 2007
4. Staff Writers. August 2007. China Economic Boom Polluting Seas and Skies of East Asia. Terra Daily. On the Internet at http://www.terradaily.com/reports/China_Economic_Boom_Polluting_Seas_And_Skies_Of_East_Asia_999.html.Last retrieved on August 7, 2007
China Candid
Tell what the book is about. Do not give a summary of the story, but give the topic, geographic area, and timespan that the book covers. This should take only one mid-length paragraph.
China Candid: A People's Account of the People's Republic of China is an insider's look at the modern People's Republic of China. Through intimate conversations conducted over many years, China Candid provides an alternative history of the nation from its founding as a socialist state in 1949 up to the present. Artists, politicians, businessmen and -women, former Red Guards, migrant workers, prostitutes, teachers, computer geeks, hustlers, and other citizens of contemporary China all speak frankly about what it is like to live in a rising superpower under authoritarian rule. These citizens give new insights into the face of law and order in China as well as the changes that have occurred in modern China's transition from Mao's…
I am beginning to consider that the Chinese people have a basic resilience and spirit that is beyond the control of government. Perhaps, this is the reason that China, as a civilization, has survived as long as it had, throughout the numerous dynasties and regimes that have controlled it. It makes me think that, in trying to understand China, we should pay more attention to Chinese people and society than Chinese government.
Bilbiography
Ye, S., Barme?, G., & Lang, M. (2006). China candid: The people on the People's Republic. Berkeley: University of California Press
China F/X
China faces a tough decision with respect to floating the yuan or not. Ultimately, a float will severely limit China's ability to control the value of its currency. At present, this will be a significant problem because the yuan would likely rise in value. This would be to the detriment of the country's export industries, which are the drivers of the economy and employment. Further, the country may be tempted to continue to hold down the yuan's value, which will be much more difficult under floating rate conditions. Another issue is that China will have start publishing accurate economic information, which will pose a challenge for the country's officials, who are unaccustomed to things like transparency. The country would almost certainly need to undertake banking reform in order to float the yuan as well, posing additional structural challenges. Overcoming all of these challenges will take time.
There are advantages, however.…
PESTEL Analysis for Foreign Multinationals Doing Business in China
China represents a unique market for foreign multinationals in the 21st century. President Xi Jinping has launched a number of initiatives that look to make China a dominant player on the world stage—such as the One Belt, One Road initiative (Wilson, 2016) and the initiative to trade oil in gold-backed yuan (Jegarajah, 2017). However, China’s initiatives have been backed by an expansion of credit that could threaten to destabilize the nation in the coming years. 2025 represents a pivotal point marking the end of the first quarter of the 21st century. This PESTEL analysis will therefore identify key trends relevant to foreign multinationals doing business in the market and assessing future attractiveness for China.
There are 6 areas of environmental influences that are at work in the macro-perspective PESTEL framework. These areas consist of political, economic, social, technological, environmental and legal factors. The…
References
Next Factory: China in AfricaNext Factory: How Chinese Investment is Reshaping Africa by Irene Yuan Sun (2017), provides an insightful analysis of China's growing presence in Africa and its impact on the continent's economic development. In recent years, China has emerged as a global superpower with a significant economic, political, and cultural influence around the world. Its Belt and Road Initiative (BRI) has become a centerpiece of its foreign policy, aimed at boosting connectivity and trade across Eurasia and Africa. China is the world's largest trading nation and the second-largest economy, trailing only the United States. It has been expanding its economic influence by investing heavily in infrastructure development, resource extraction, and manufacturing in developing countries like Africa.Africa's future in the globalized economy, however, remains somewhat uncertain as China is not the only influential regime having an impact on the continent. As Sun points out, when Africa needed help at…
References
Sun, I. Y. (2017). The next factory of the world: How Chinese investment is reshaping Africa.
Harvard Business Press.
Abstract China has a unique background in terms of culture, accompanied with a fast-economic growth trajectory. The country has received a lot of attention on the international front in as far as their adoption of corporate social responsibility is concerned. The implementation of the same will greatly influence global sustainability. Thus, this paper seeks to explore ways in which CSR has paved way for growth economically in China from the onset of economic transition, its political, cultural, and historical background, and how such dynamics have affected or been affected by the performance of business firms. Therefore, the pressure on China to adopt CSR in the recent past came close on the hills of a period when the country arguably practiced one of the strongest CSR globally. The transition is viewed against a background of the state owned-enterprise of the Chinese, also referred to as SOE, and a host of private organizations…
References
Introduction The whole world is well aware of the Great Wall of China. It is an iconic symbol that represents the face of China in terms of culture, history, political views, attitudes and national character in general. Mao Zedong, the father of modern China quoted that one is not man enough if they have not visited the Great Wall (Hayford, 103). Indeed, the phrase has been widely adopted by the media and by tourist promoters. The Wall itself is an iconic set of permanent structures that have withstood the harshness of the elements over thousands of years; just like the Chinese culture that largely remains intact despite the passage of time. The Great Wall of China is now, an important ingredient in the heritage of the Chinese. It is a source of pride for the nation, as other countries view it with admiration (Huang, 65-6). The wall has become synonymous with…
Works cited
State Development in China and Indus ValleyIntroductionThe beginning of Chinese state development may be traced back to the Neolithic era when the first inhabited settlements arose. The Yellow River is the site of the early civilizations(Price et al.457). Located in India's Indus Valley area, one of the country's most fertile and economically significant locations. The Indus and Ghaggar-Hakra Rivers and their estuariesin what is now Pakistan constituted the major center of the Indus Valley civilization between 2600 and 1900 B.C. (Price et al.,436). The Baluchistan Hills to the west, the Arabian Sea to the south, the Great Indian Desert to the east, and the majestic Himalayan mountains to the north are part of this vast area.Compare and Contrast State Development in China and Indus ValleyThe world was a dangerous place to live. The Indus Valley civilization flourished in the area that is now Pakistan and northern India, and it was…
Works Cited
Price, T. Douglas, and Gary Feinman. Images of the Past. McGraw-Hill Higher Education, 2012.
International Business Report: Ultra High-Temperature Pasteurization (UHT) Milk for Chinese Children Aged 3 to 11 Years
Executive Summary
A number of important trends have converged in recent years that have significant implications for companies competing in the dairy industry that seek to expand their commercial operations into China. The world’s most populous country, China has an enormous population of infants which translates into a major demand for milk products (Cui, 2016). Moreover, the relaxation of the former draconian one-child policy has created a new surge in childbirths, and many experts believe that the population of young people in China will continue to increase well into the foreseeable future.
Besides wanting more children, the Chinese people are increasingly able to afford them as well, and the growing middle class in China has also translated into a new demand for the best of what is available for young children today. Because the United Kingdom (UK)…
References
The Influence of the PRC
Introduction
The People’s Republic of China (PRC) is the state that most influences contemporary international security. The globalization of the Communist superpower projects brings employment and economic growth. Since joining the World Trade Organization, China has become an increasingly influential participant in the global economy, and has used this increase in wealth to finance its other ambitions, including re-establishing itself as a great maritime power and increasing its influence over the South China Sea and nuclear development within the Indo-Pacific region.
People’s Republic of China Context
The People’s Republic of China emerged as the winning side in the post-WWII civil war between the Communist Party of China and the ruling Kuomintang. The latter was exiled to Taiwan, the PRC invaded Tibet, and the next change to the shape of the Chinese map was the return of Hong Kong and Macau to PRC rule in 1997 and 1999 respectively. In…
The terracotta warriors from the mausoleum of the first Qin emperor of China Qin Shih Huang (221-206 BC) of the Qin Dynasty are a marvel to behold. This massive monument to man’s desire to have a place in eternity[footnoteRef:2] is measured by the lifelike, life-size replications of Chinese soldiers, horses, chariots, musicians, officials, acrobats and warriors in three pits at the gravesite of the Qin Emperor. The Terracotta Army as it is known consists of some 8000 painted terracotta warriors along with hundreds of horses and chariots.[footnoteRef:3] It is the duplication of a real life-size army discovered and now stored in the Museum, Shaanxi, China, as a UNESCO World Heritage site. The Terracotta Warriors symbolize the first Qin Emperor’s desire to be as great and fortified in the afterlife as he was in this world. However, the fact that they were submerged in wet soil for two thousand years, unknown…
Bibliography
Reaction to Annual Posture StatementIn my opinion, one of the top two threats highlighted happens to be Peoples Republic of China (PRC). My assertion is largely founded upon the determined efforts of the PRC to further project its power beyond its present axis. This is likely to edge out and limit the influence of the U.S. and its allies going forward. The other top threat is Russia. Russia has consistently demonstrated its contempt of international law and acted in complete disregard for the wellbeing of other nations and the world at large. The ongoing Ukraine conflict is clear attestation of this assertion. Thus, the countrys improved and expanding military capabilities are likely to put the interests of the U.S. and its allies in jeopardy.From my reading of the Posture Statement, I also did identify two key opportunities. One such opportunity is defense of the homeland. Even as the United States…
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More unfavorable publicity came in June when Jintao had to undergo medical checkups to ensure he was SARS-free when meeting President Bush and other G-8 leaders in France. There is little doubt that China's international standing was clearly badly damaged by its government's mishandling of the SARS epidemic.
On July 21, 2004, Dr. Bates Gill, Freeman Chair in China Studies Committee on House International Relations Subcommittee on Asia and the Pacific, stated official Chinese estimates show China now has roughly 840,000 persons living with the HIV virus and as of the end of 2003, only 62,159 persons had been tested and officially confirmed to be HIV-positive. "The remaining HIV-positive individuals in China, estimated at 780,000 persons or more, are not known to public health authorities, and the individuals themselves probably do not know their status, posing significant risks for the further spread of HIV." Yet, outside observers believe that the number…
Works Cited
China. World Health Organization. http://www.wpro.who.int/chips/chip01/chn.htm . Accessed 16 November 2004 review of evidence: China's path to better health and development. World Health
Organization. http://www.google.com/u/who?q=cache:dMwKxNx4q4YJ:www.who.int/entity/macrohealth/action/en/ShanghaiPaperRevJuly2004.pdf+china's+health+care+system&hl=en&ie=UTF-8. Accessed 16 November 2004
The Specter of SARS: China's failure to contain severe acute respiratory syndrome has economic causes and consequences. World and I. 01 July 2003; Pp.
Rask, Kolleen J. Healthcare Reform in Transitional China: Its Impact on Accounting and Financial Management. Research in Healthcare Financial Management. 01 January 2001; Pp.
China Manufacturing
Chinese Manufacturing Industry
The social group that I choose to analyze is the population involved with the Chinese manufacturing industry. I choose this particular group is because of three reasons. The first reason is China's economic develop is growing rapidly relative to the rest of the world. Another interesting fact is that compared with other countries, Chinese labor is much cheaper yet there is still a high skill level. Because of these factors, a large number of products are exported every year and some people have called China "factory of the world." The final reason is personal and it is because I am a Chinese, I have an intimate knowledge with China, and my family is also currently engaged in the manufacturing industry. I have access to information about the environment, economics, and politics that has led to the number of manufacturing companies in China that is currently decreasing.
The environment…
Works Cited
Batson, A. (2007, Nov 05). Politics & economics: In china, big firms benefit from push to curb supply. Wall Street Journal Retrieved from http://search.proquest.com/docview/399090053?accountid=28041
Han, Y., Zheng, E., & Xu, M. (2014). The Influence from the Past: Organizational Imprinting and Firms' Compliance with Social Insurance Policies in China. Journal of Business Ethics, 65-77.
He, Y. (2014). The Dynamic Mechanism and Empirical Study on Distribution and Manufacturing Sector Co-evolution: Evidence from China. International Journal of u -- and e-Service, 317-328.
He, Z., & Liu, H. (2002). An analysis and strategic study of quality management in chinese manufacturing industry. IIE Annual Conference.Proceedings,, 1-6. Retrieved from http://search.proquest.com/docview/192469571?accountid=28041
As long as the government will be able to tackle these concerns and retain a sustainable development of the economy, it is likely that China will become one of the most prosperous countries in the world. However, the authorities will need to watch for popular discontent following income inequality.
ibliography
Qian Yingyi; the Process of China's Market Transition (1978-98): The Evolutionary, Historical, and Comparative Perspectives. Stanford University. April 1999. On the Internet at http://www-econ.stanford.edu/faculty/workp/swp99012.pdf.Last retrieved on May 13, 2008
2. Qian Yingyi; the Institutional Foundations of China's Market Transition. Stanford University. April 1999. On the Internet at http://www-econ.stanford.edu/faculty/workp/swp99011.pdf.Last retrieved on May 13, 2008
3. Tucker, Noah. How China rises. November 2007. On the Internet at http://21stcenturysocialism.com/article/how_china_rises_01546.html.Last retrieved on May 13, 2008
4. Weil, Robert. China at the brink: class contradictions of "market socialism. Monthly Review. January 1995. On the Internet at http://findarticles.com/p/articles/mi_m1132/is_n8_v46/ai_16380655/pg_16.Last retrieved on May 13, 2008
Qian Yingyi; the Process of China's Market Transition…
Bibliography
Qian Yingyi; the Process of China's Market Transition (1978-98): The Evolutionary, Historical, and Comparative Perspectives. Stanford University. April 1999. On the Internet at http://www-econ.stanford.edu/faculty/workp/swp99012.pdf.Last retrieved on May 13, 2008
2. Qian Yingyi; the Institutional Foundations of China's Market Transition. Stanford University. April 1999. On the Internet at http://www-econ.stanford.edu/faculty/workp/swp99011.pdf.Last retrieved on May 13, 2008
3. Tucker, Noah. How China rises. November 2007. On the Internet at http://21stcenturysocialism.com/article/how_china_rises_01546.html.Last retrieved on May 13, 2008
4. Weil, Robert. China at the brink: class contradictions of "market socialism. Monthly Review. January 1995. On the Internet at http://findarticles.com/p/articles/mi_m1132/is_n8_v46/ai_16380655/pg_16.Last retrieved on May 13, 2008
Conclusion
China's growth rate has slowed dramatically in the last 30 years under the auspice of the One-Child Policy. In fact, at this point it is believed that growth rate is under 2% and that the population replacement rate is at 2.1%, meaning that if these numbers are accurate and hold up, the population of China could actually decrease at some point in the future.
Hence, the One-Child Policy could be seen to be an immense success. But at what cost?
The 'side effects' of the Policy have and likely will continue to have a staggering effect on Chinese society. The sterility and abortion atrocities by the government, like the abandonment and infanticide of female infants by the parents, not only scream of a Policy that has lost its moral compass, but it has created a huge disparity between the number of males to females. This disparity means there a fewer women available…
Works Cited
BBC NEWS. Chinese Facing Shortage of Wives. 12 January 2007
http://news.bbc.co.uk/go/pr/fr/-/2/hi/asia-pacific/6254763.stm
Fitzpatrick, Laura. A Brief History of China's One-Child Policy.
www.time.com. 27 July 2009
(Finn, 41)
China is predicted to become a global power and in the coming polarization of the world there would be triple set of polarization, of the U.S. And the west, China and India being the three big countries that would matter in the world. (Virmani, 208) Japan finds no place in the scale of the magnitude of the countries operations. The projection of China's GDP is a good indicator of what would come. The projections show that while the GDP was 7.1 as per Goldman Sachs for 2006-2010 the future prediction by the same agency for 2029-30 was 41. That is a great leap that was predicted. (Finn, 42)
However after globalization the Yuan was being paired in Forex. In January 2009 the treasury secretary of U.S., Tim Geithner, made a statement that China has been manipulating its currency, the Yuan -- and this according to him and other economists…
References
Alexander, Arthur J. The arc of Japan's economic development.
Routledge, 2008.
Chng, M.K; Hirono, Ry-kichi, et. al. ASEAN-Japan industrial co-operation: an overview.
ASEAN Economic Research Unit, Institute of Southeast Asian, 1984.
l billion in 2007. This growth can be seen to represent the increasing interest of Chinese firms in acquiring resources, technology and brands outside of their own country (Carpenter & yman, 2009).
Lenovo was able to seal the deal essentially by acting like a estern firm. It did not approach the deal from the same perspective as say, the way that CNOOC did with its unsolicited bid and ultimately failed bid for Chevron. Lenovo had a strategic alliance with IBM prior to the deal, so that the latter's management and shareholders understood the strategic value of the deal. For Lenovo, it was able to maintain relationships with IBM, including taking some of its talent back to China with it.
Lenovo traded on the Hong Kong exchange, giving it the transparency needed by estern investors. Moreover, this also lent liquidity to Lenovo shares, allowing them to be used in the deal. Furthermore, Lenovo…
Works Cited:
Wong, J. & Chan, S. (2003). China's outward direct investment: Expanding worldwide. China: An International Journal. Vol. 1, 2, 273-301.
Schuller, M. & Turner, A. (2005). Global ambitions: Chinese companies spread their wings. Im Fokus. Retrieved November 23, 2009 from http://www.giga-hamburg.de/ifa/kostenlos/ca/0504/Fokus-Schueller.pdf
Hamm, S. (2005). Lenovo and IBM: East meets west, big time. Business Week. Retrieved November 23, 2009 from http://www.businessweek.com/magazine/content/05_19/b3932113_mz063.htm
Fuhrman, P. (2009). Private equity and strategic M&A transactions in China. China First Capital. Retrieved November 23, 2009 from http://www.chinafirstcapital.com/blog/archives/202
State Domination and Financial Markets
The Chinese government has characterized its involvement in economic development as "serving rather than supervising the private economy" since 2008 (Xinhua, 2009). ith this shift in focus a number of changes to Chinese management can be expected. The paternalistic approach will remain, as it is part of Chinese culture, but there will be further estern influences, particularly with respect to the desire outcomes of management behavior.
In their efforts to serve business, the Chinese government will inevitably work harder to attract foreign investment and to allow business to set the terms by which they can seek investors. This will shift the desired outcomes of management behavior towards those sought by a wider range of investors, both domestic and foreign. Asia Aluminum provides an example of this, as foreign investor outcry over the bond scandal forced the company to consider other options. Management at that point realized the…
Works Cited:
Gang, Fan. (2005). China is a Private Sector Economy. Business Week. Retrieved June 8, 2009 from http://www.businessweek.com/magazine/content/05_34/b3948478.htm
Zhu, Cherrie Jiuhua. (2005). Human Resource Management in China. Retrieved June 8, 2009 from http://books.google.com/books?id=mOBwfLzp7boC&pg=PA1&lpg=PA1&dq=china+management+economic+reform&source=bl&ots=NRJMQ-pIY-&sig=rIgeR5smWqFufALsTdK5P8AHZxY&hl=en&ei=uHktSuLtHo6fsgb2m6meDA&sa=X&oi=book_result&ct=result&resnum=10
Green, Stephen. (2003). 'Two-thirds privatization': How China's listed companies are -- finally -- privatizing. Royal Institute of International Affairs. Retrieved June 8, 2009 from http://se1.isn.ch/serviceengine/FileContent?serviceID=ISN&fileid=0C55BCE1-85E3-F567-3F79-E6B47296364E&lng=en
Foley, John & Beales, Richard. (2009). A Hard Lesson for Foreign Investors in China. New York Times. Retrieved June 8, 2009 from http://www.nytimes.com/2009/03/02/business/worldbusiness/02iht-views03.1.20523651.html
China is still regarded as a developing country, its rapid growth has put it in a position to compete with the top players in the world economy. With the advancement of technology and globalization, for example, China has been able to communicate and do business around the globe. This has enabled the country and its people to benefit from prosperous partnerships. Although China has advanced to a top position in the world economy, it is also true that the country faces severe problems, which could affect this position in the long-term. Chinese officials and businesses will have to give urgent attention to problems such as the water shortage, the economic strength of its local currency, and the drug problem in the country if China is to keep up its long-term success.
One of the most important impacts that the rapid development in China has had is the environment. In addition to…
References
Barr, C. (2010, March 22). Enough about the Yuan already. CNNMoney. Retrieved from: http://money.cnn.com/2010/03/22/news/economy/china.tension.fortune/index.htm
Beech, H. (2006). Chinese Junk. Time Inc. Retrieved from: http://www.time.com/time/asia/covers/1101020520/cover.html
Gerth, K. (2011, January 1). Can China Save the World, Twice? World News. Retrieved from: http://www.thedailybeast.com/articles/2011/01/01/chinas-environmental-problems-and-economic-growth.html
The New Agriculturist. (2004, September) China's Water Problems. Retrieved from: http://www.new-ag.info/en/focus/focusItem.php?a=1302
China's Economic Challenge to the U.S.
The rise of China as an economic superpower has occurred against the backdrop of increased globalization and the explosive growth of the developing world and the other BRICS nations (Brazil, Russia, India, and S. Africa). China's growing prominence in the global financial community manifested itself in 2010 as "Japan ceded its spot as the world's second biggest economy to China. Japan's nominal GDP for 2010 was 479.223 trillion yen, or $5.474 trillion; falling below the $5.879 trillion figure for China in the same year" (Monahan 2011, 1). China and Japan with their respective five trillion economies are still dwarfed by the American economy which boasts a nearly 15 trillion dollar GDP (CIA FactBook N.D.,1 ); however China will continue its growth ascendance, and in terms of GDP all but guarantee that China will surpass the U.S. In the next 30 years, and probably far sooner"…
What precisely are China's activities on trade, currency, energy, and environment which portent economic uncertainty? The trade and currency issues are the most critical pieces of the China / U.S. engagement and are obverses of the same coin. Despite China running its first trade deficit in seven years "$1.02 billion in the first three months of the year compared with a surplus of $13.9 billion a year earlier" (Bloomberg 2011, 1) the stark reality is that they are the world's largest exporter of goods (Thompson 2010, 1), and China's trade surplus particularly with the U.S. has been growing for years. In 2010 "the gap between U.S. imports from China and what it sold to the country rose to $273.1 billion" (Wearden 2011, 1). This trade surplus with the U.S. And China's large current account surplus is in the opinion of many global policy makers due to the undervalued Yuan.
The Chinese strategy of undervaluing the Yuan in relation to the dollar to boost exports has certainly paid dividends as evidenced from the above data however; this is not the entire story because "since July 2005, when China decided to break away from fixed exchange rate with the dollar, the Yuan has been appreciated by 26%" (Asia News.it 2011, 1). So while according to U.S. officials "the Yuan is artificially undervalued by at least 30%, to the benefit of Chinese exports" (Asia News.it 2011, 1) the evidence of Yuan appreciation is indicative that the U.S. consumer's insatiable appetite for low cost imports is also a prominent reason for the trade deficit. China's point on the value of their currency is that it is "an issue of national sovereignty" (Bergsten 2008, 3) requiring no global IMF agreement to float the Yuan's value.
Bergsten in the discussion of trade and currencies points to China's recalcitrant attitude toward accepting Doha trade agreements designed to liberalize international trade and lower tariffs; "declaring that it should have no liberalization obligations whatsoever" (Bergsten 2008, 2 ) because of their status as a developing country. Even now the Doha talks, some ten years in process, are in danger of falling apart "amid a rift between developed and developing nations on tariff cuts on industrial goods and farm subsidies" (Times Live, 2011, 1). China's policy instead has been to forge regional trade alliances such as the Association of Southeast Asian Nations, and the eventual creation of an Asian trading block (Bergsten 2008, 2). Invariably, the creation of a global free trade compact as envisioned by the Doha would benefit the Chinese economy, as additional markets are opened for exports and the Chinese consumer benefits from cheaper import flows. That
hina Mobile's $12 - $15 billion bond offering was divded into multiple traunches and sold in multiple markets across the world. A majority of the bonds were sold in the U.S. But given the size of the offering the company would not have been able to price it in Hong Kong dollars due to the exchange rate at the time. One must also examine the exchange dynamics between the hinese Yuan and U.S. Dollar, as the Yuan continues to be artificially held at predetermined rate and not allowed to float in the public market.
an you see any downside to hina Mobile's international equity and bond issue?
The same reasons that support the company's decision to price their bond offering in U.S. Dollars can also be a downside risk. The greatest risk in the international bond markets is the exchange rates between the nation issuing the bond and the currency in which…
China Mobile Limited. (2002). China Mobile Form 20-f. Hong Kong, China: Author
Grabbe, OJ (1996), International Financial Markets, 3rd edition, Englewood Cliffs, NJ, Prentice Hall.
Campbell, JY, LM Viceira and JS White (2003): "Foreign currency for long-term investors," Economic Journal, vol 113, p C1 -- C25.
The latter type of employees will act as mediators between the foreigner and the host, will point out potential mistakes and will also be more easily accepted by the staff. Undoubtedly, if Chinese who haven't had international experiences are capable of appropriately managing the business, they will be given the chance to hold top management positions after a certain period of intercultural training.
4) Referring to demand and customer relations, a foreign company should display a high respect towards its clients by offering them qualitative products and services that take into account their cultural background (i.e. avoiding colors which are associated with fatality, avoiding gestures, words that are considered to be offensive etc.).
The Chinese market's demand for a foreign company's products is significantly influenced by collectivism. For instance, in Japan which is a collectivist culture too, a U.S. based company selling ice cream paid several Japanese to stay in line…
Bibliography
1. China Interview (2007). On the internet at: www.cyborlink.com/besite/china_interview.htm. Retreievd March 4.
2. Chinese Business Etiquette (2007). On the Internet at: www.cyborlink.com/besite/china.htm. Retrieved March 4.
3. Geert Hofstede Analysis (2007). On the Internet at: www.cyborlink.com/besite/hofstede.htm. Retrieved March 4.
4. Hofstede's Analysis for China (2003). On the Internet at: www.geert-hofstede.com/hofstede_china.shtml. Retrieved March 4.
China Cultural Syncretism
eligious Separation Within China's Lack of Cultural Syncretism
Interestingly enough, several of the political factions and domestic wars that have typified the vast majority of China's extensive history can be traced, in large measure, to the country's cultural roots and its ability (or lack thereof) to rectify its inherent cultural tendencies with those of other nations and the surrounding world at large. In particular, the cultural, philosophical and political mandates and manifestos of Europe and Japan can be directly attributed to the political state of China today, particularly when one considers the division between the communist People's epublic of China (which primarily occupies the mainland) and its progressively left-wing agenda, and the right-wing tendencies of the epublic of China which has occupied Taiwan and its surrounding islands for more than the past 60 years. The speculative historian could make an excellent argument that this division in hegemony between Chinese…
References
Khan, N. (2011). "History of China." Retrieved from http://travelinghost.wordpress.com/2011/05/02/history-of-china/
Caswell, T. (2003). "China." Retrieved from http://regentsprep.org/Regents/global/themes/imperialism/china.cfm
Christine S. Austin, Y. Stephanie, C. (2011). "Story of Imperialism: China. Retrieved from http://www.slideshare.net/bubble105/story-of-imperialism-china
Hore, C. (2009). "When China Threw Off Imperialism" Retrieved from http://www.socialistreview.org.uk/article.php?articlenumber=10980
China Import
China's Importation Documentation equirements, Procedures, Programs, and Policies: An Overview
Every business endeavor has certain legal and procedural requirements that must be known and followed in order for the endeavor to be both successful and viable in the long-term. Embarking on any business or trade venture without first ascertaining the legal requirements and bureaucratic procedure is setting the venture up for outright and immediate failure at the worst, and an increased risk of inefficiency and heightened costs at the best. This is why obtaining pertinent information prior to actually beginning to conduct business is so important -- it will make for a much smoother establishment of the business and its necessary operations, and will also increase the efficiency and cost effectiveness of these operations. When business is conducted on an international basis, the situation becomes complicated by the multiple sources of often differing laws that can affect operations.
For business that…
References
FIDI. (2009). Inbound air shipments. Accessed 30 August 2011. http://www.grospiron.com/medias/documents/reglementations-douanieres/douane-chine.pdf
Global Trade. (2011). Documentation in China. Accessed 30 August 2011. http://www.globaltrade.net/international-trade-import-exports/f/business/text/China/Trade-Policy-Import-Requirements-and-Documentation-in-China.html
Trading Economics. (2011). Documents to Import (Number) in China. Accessed 30 August 2011. http://www.tradingeconomics.com/china/documents-to-import-number-wb-data.html
Yan, G. & Shen, J. (2008). China; Customs, Taxes, and Documentation Requirements. Accessed 30 August 2011. http://web.ita.doc.gov/ITI/itiHome.nsf/9b2cb14bda00318585256cc40068ca69/3aed69c22069b76185256d07006fe126?OpenDocument
China USA
China and the United States are a lot more alike than many people think. However, there are more differences than similarities. To understand these differences can mean better communication. One difference is the schools. In Chinese culture, school is very formal. Students remain quiet, usually wait for the teacher to ask a question, and things are very serious. The teacher is the authority figure. Students must stand up before they speak, and remain quiet in class. In the United States, it is the complete difference. The students in the United States speak when they want. They don't need to wear the uniform and sometimes sit in circles with the teacher like one of the students. There are some similarities too. For example, in China students enjoy all the different subjects including art, history, and economics. In the United States, the students have the same types of subjects but with…
China
It was the end of the 19th century, during the heyday of the Industrial Revolution and the Age of Imperialism. Meiji Japan and Qing China engage in modern warfare. The Sino-Japanese ar was a defining moment for all of East Asia. The outcome of the war impacted not just its major players (China and Japan) but also Korea and Taiwan. The Sino-Japanese ar highlighted the ways that globalization and industrialization were influencing global politics and international relations. ith Japan's victory, the world also understood that a balance of power had shifted. Japan's military might had been massively underestimated, while China's power had weakened.
Japan had made much greater strides than China during the Industrial Revolution, in terms of upgrading its infrastructure and migrating towards a modern economy. Although both countries remained mistrustful of the est, they had yet to develop any strategic plan to form a united anti-American or anti-estern coalition…
Works Cited
"China in Decline" [Lecture Notes]
"The First Sino Japanese War." Retrieved online: http://sinojapanesewar.com/
"Meiji Period." Retrieved online: http://www.japan-guide.com/e/e2130.html
hina's One hild Policy
In the last part of the 20th entury, hina, also known as the "sleeping giant," has transformed itself from a predominantly rural, pre-industrialized society to a political and economic challenger. Since the Maoist Revolution of 1949, also known as the Great Patriotic Revolution, hina has transformed itself from a feudal system to one of the world's faster growing economies globally. hina is huge -- in both geography and population. Over the last few decades it has experienced unprecedented economic growth with an average GDP of well over 10%. Even though the actual per capita income is still within the lower-middle category of global statistics, hina still remains the third largest economy in the world. Modern hina participates with a major role in the global economy, and organizations within the developed world take hina quite seriously. hina's own view of her economy is "Socialism with hinese haracteristics," allowing…
Chinese Government. (2010). Official Web Portal. Information. Retrieved from:
http://english.gov.cn/2005-08/16/content_23691.htm
Fong, V. (2004). Only Hope: Coming of Age Under China's One-Child Policy. Stanford, CA: Stanford University Press.
This was another blow for the local markets as the SOEs formed the crux of all Chinese businesses. The privatization of this sector was initiated in 1995 when the government kept the big profit-making SOEs and discarded the smaller SOEs, yet the government was forced to hand over the market share that these big SOEs had after joining WTO and eventually hand the complete control of the SOEs to the State-owned Assets Supervision and Administration Commission (SASAC) to distribute and allocate the shares which resulted in a dramatic drop of the total SOEs form 118,000 (1995) to 34,000 (current). This figure still includes some of the biggest and the core industries like those of energy, basic necessities, cement, etc. And there are many Chinese analysts who still believe that the role of the SOEs and the state can never be completely eliminated.
One of the main criticisms that the Chinese…
References
Richard H.K. Vietor, Julia Galef. China and the WTO: What Price Membership? 2006.
Oi, J., Bebenek, C. And Spar, D.L. China: Building "Capitalism with Socialist Characteristics." 2006.
China
The Dilemma of a Ethical Practices and Profitability of Trading with China
China continues to have one of the world's strongest and most resilient economies, achieving a 10.3% Gross Domestic Product (GDP) growth rate in 2010 compared to the world average of 4.2% and the United States' 2.9%. U.S. Lawmakers continue to question the $4M in foreign aid that Congressional budgets are requesting for one of the fastest growing economies globally today (Pennington, 2011). Despite the rationalization that this significant amount of investment is necessary for clean energy primary research, the rationalization is weak when compared to the many economic challenges and hardships the U.S. continues to face (Pennington, 2011). As of October, 2011 the cumulative 2011 trade deficit with China is today at $217B, down from a high of $270B earlier in the year. Arguably China could more afford to provide foreign aid to the U.S., not vice versa.
Analyzing how…
References
Ho, C., & Redfern, K.. (2010). Consideration of the Role of Guanxi in the Ethical Judgments of Chinese Managers. Journal of Business Ethics, 96(2), 207-221.
M Islam, & M. Gowing. (2003). Some empirical evidence of Chinese accounting system and business management practices from an ethical perspective. Journal of Business Ethics, 42(4), 353-378.
Lawrence, W., & Sun, W.. (2010). A Cluster Approach towards Enhancing Chinese- American Trade Opportunities. International Journal of Business and Management, 5(2), 44-51.
Pennington, M. (2011, November 15). Lawmakers scrutinize u.s. foreign aid to china. Washington Times. Retrieved from http://www.washingtontimes.com/news/2011/nov/15/lawmakers-scrutinize-us-foreign-aid-china/
While at the same time, it will make imports in Hong Kong / China cheaper in relation to goods that are manufactured in both locations. Over the course of time, this will cause the trade surplus that Hong Kong / China enjoys decreasing as both markets begin to buy the cheaper foreign imports. ("The Impact of China's Revaluation of the Yuan," 2005)
Yet, both Hong Kong and China are facing a similar situation as Japan, due to the fact that they rely heavily on foreign trade. Where, many of the different markets are somewhat open to exports, with restrictions. This is similar to a policy that Japan engaged in during the 1970's and 1980's, where once the peg was removed off of the U.S. dollar, the yen appreciated in value. Under normal circumstances, this should have solved Japan's trade surplus problems. However, because their markets were still restrictive to foreign…
Bibliography
The Impact of China's Revaluation of the Yuan. (2005, July 24). Retrieved March 23, 2010 from Forecast Global Economy website: http://www.forcastglobaleconomy.com/subscribers/CommentsFiles/Comment022.htm
Fung, K (2007). China's Renminbi: Our Currency Your Problem.
(Hill, 2008, pg. 371)
Under what circumstances might a decision to let the yuan float freely destabilize the Chinese economy? What might the global implications of this be?
If the there is outside pressure from Western governments and Chinese trading partners. Where, they will begin to impose tariffs and duties in an effort to force the Chinese to change their policy. This would destabilize the Chinese economy, resulting in a collapse of their export markets. The global implications would be that this kind of action would result in China retaliating with tariffs and duties of their own, resulting in a worldwide depression. (Hill, 2008, pg. 371)
Do you think the U.S. government should push the Chinese to let the yuan float freely? Why?
Yes. The reason why, is because the inability of China to let the yuan float freely, is creating imbalances in the global economy. If this is allowed to continue, it…
Bibliography
Hill, C. (2008). China's Managed Float. Global Business Today. (pg. 371). New York, NY: McGraw Hill.
This move is to lock out EP systems from other nations running their factories and ensure their lasting manufacturing competitive advantage.
Still, the onslaught of manufacturing continues to China. Dell Computer for example opened a manufacturing center in Xiamen, along the coast of China that borders Taiwan, and IBM has a sizeable office and development center in Shanghai. The most troubling aspect of this however is how quickly corporations in western nations including the U.S. will trade information and even the potential freedom of people to gain access to China. The release of personal information by Yahoo of a blogger in China and the about-face of Google on sharing search data with China on their citizens are cases in point.
eferences
Friedman (2005) - Thomas . Friedman, author. The World is Flat. Farrar, Straus, and Giroux. New York, NY.…
References
Friedman (2005) - Thomas R. Friedman, author. The World is Flat. Farrar, Straus, and Giroux. New York, NY. Published 2005
The market for coffee is slightly counterintuitive for the Chinese market since coffee is not actually the beverage of choice in China -- the Chinese much prefer tea. What has become evident is that the typical Chinese middle-class individual will opt for a product that is less preferred, but of clear high quality if it is in the appropriate location for them to be seen while consuming the product. Being perceived as successful and as having good taste is of a very high priority to the Chinese middle-class, and as such the young businessman will generally opt to patronize a quality establishment that serves a product less desirable in his personal tastes than a less reputable establishment that provides what he would truly prefer. In a nutshell, the young, middle-class Chinese businessman will drink tea at home, but drink coffee at Starbucks in public.
Also considered in this evaluation are the…
References
Bramhall, Joe. "Starbucks Corporation." Hoovers. 10 May 2006. Hoovers Inc. 26
May 2006 http://www.hoovers.com/starbucks/--ID__15745 -- /free-co- factsheet.xhtml>.
Collins, Mark. "Rising in the East." Pitt Magazine 1 June 1995:27-34.
We also know that they engaged in robust trade, both domestic and foreign and even over the Hindu Kush and into the Persian Gulf areas. Between 1800-1700 BC, though, most of the cities were abandoned, perhaps from environmental reasons (deforestation, etc.) and perhaps from invasion from Central Asia (Bentley, et.al., pp. 49-50).
By 3000 BCE, Ancient China had developed larger regional states and political/social units called dynasties. Each succeding dynasty took over more and more territory, which allowed for a similar development in Chinese culture. Chinese political orgaqnizations were complex, and based on both the family and socio-cultural unit. Because of the abundance of population working in agriculture, though, they also turned to technological innovations that increased their own power, but also tended to shield them from outside influences. Some of these inventions include: iron casting, the compass, gunpowder, geological mining techniques, mechanical clocks, row farming in agriculture, silk farming…
REFERENCES
Bently, J., et.al. Traditions and Encounters -- a Brief Global History. New York: McGraw Hill, 2010, Electronic.
China and the Mongol Conquest
China and Mongol Conquest
The 13th century saw the influence of the Mongol Empire which Genghis Khan established stretching from the borders of Poland in the west to the East around Yellow Sea. Grandson of Genghis named Kublai Khan was the ruler of this empire in 1260 after which he went a head to consolidate his power when he relinquish the Mongol conquests outside China and established his capital where modern-day Beijing is now located.
As Venetian merchants, Nicolo Polo and his brother traveled overland in 1260 to the Mongol capital where they remained within the court of Khan until when they reached Venice in 1269. The two merchant once again traveled (though dangerous trip) to Kublai Khan's court in 1271 accompanied by their seventeen-year-old son Marco. They had to take three and a half years before their adventure came to an end. After staying with the Khan…
References
Jeffrey Hays (2008) "MARCO POLO." http://factsanddetails.com/china.php?itemid=48
Morris Rossabi (2004) "The Mongols in China." Columbia University. http://afe.easia.columbia.edu/mongols/china/china.htm
Again, the deference shown by the King is stressed. But the Emperor is again firm -- the "Celestial Empire" lacks no goods within its own borders, thus why does it need to trade? Although not disrespectful in a direct sense, the translation suggests a slightly mocking tone of superiority in the Chinese response. The edict goes on to summarily reject, one by one, England's request to establish specific trading bases and hubs in several ports and island locations. Nor will there be any reduction of tariffs or duties as requested, upon British goods. And finally, in point eight, no missionaries or alteration in Chinese worship structures (and hence veneration of the Emperor) shall occur. In fact, the Emperor finds the requests on the whole to be so presumptuous he cannot think that a true king would make them, and instead blames the British Ambassador for the bad manners inherent…
Works Cited
Documents 6.4 and 6.5. The Search for Modern China: A Documentary Collection. Michael Lestz, with Jonathan Spence, Editors. New York: Norton 1999
China's Rise: The strategic Stake
While we have so far discussed the positive economic impact of a growing China from the perspective of Australia, there are also some concerns about China's growing stature and the changing strategic balance. As a communist nation, the U.S. And its allies including Japan have always viewed China with caution. China has repeatedly claimed that it is fully committed to peaceful economic growth as Zha Peixin, the vice president of CPIFA (Chinese people's institute of foreign Affairs) stated, "China will stick to the peaceful development, opening up, and building a harmonious society domestically and promoting a harmonious world internationally." However, the recent arrest of the Australian mining giant Rio Tinto's executive officer in China over charges of espionage has created some friction in the relationship. The recent issues involving Australia granting of visa for Rebiya Kadeer, the human rights activist from China, much against the Chinese…
Bibliography
1) ABS, 'China: Factsheet', Retrieved 19th Sep 2009, from, http://www.dfat.gov.au/geo/fs/chin.pdf
2) Frederick Balfour, 'China Surprisingly Strong GDP Growth 7.9%', Retrieved 19th Sep 2009, from, http://www.businessweek.com/globalbiz/blog/eyeonasia/archives/2009/07/chinas_gdp_grow.html
3) Richard Lester & Edward Steinfeld, 'China's Real Energy Crisis', Retrieved 19th Sep 2009, from, 'http://www.hcs.harvard.edu/~hapr/winter07_gov/lester.pdf
4) Zhou, Z.Y. And Tian, W.M. (eds) (2005), Grains in China: Foodgrain, Feedgrain and World Trade, Aldershot, Ashgate
Repatriation of profits have proven to be a problem as well. Fourth, as stated by Staff (2004) is the challenge presented by poor training in the sector which is stated to be "...weak both at a practical level as well as at a higher strategic level" and the problem has only been exaggerated due to the government and other regulatory authorities in China to promote logistics programs." (Staff, 2004) the fifth challenge stated is in relation to "information and communications technology" in China characterized by a: "...lack of it standards and poor systems integration and equipment. At a very basic level, the consistent supply of energy is also problematic leading to interruptions to communications through power outage." (Staff, 2004) Sixth presenting in the way of a challenge is the "undeveloped domestic industry" due to fragmentation of the logistics sector in China that is: "...dominated by commoditized and low quality…
Bibliography
Brown, Lester R. And Halweil, Brian (1998) China's Water Shortage Could Shake World Grain Markets. Worldwatch Institute 22 April 1998. Online available at http://www.worldwatch.org/node/1621.
China Logistics (2006) the Meridian Group. Hong Kong. Online available at http://www.meridiangrouphk.com/en/china_logistics/
Colby, Hunger; Diao, Xinshen, and Somwaru, Agapi (1999) Cross-Comodity Analysis of China's Grain Sector: Sources of Growth and Supply Response. Department of Agriculture, Economic Research Service, Market and Trade Economics Division. Technical Bulletin No. 1884.
Country Profile: China (2006) Library of Congress - Federal Research Division. August 2006. Online available at http://lcweb2.loc.gov/frd/cs/profiles/China.pdf .
ibliography
2006 report to Congress on China's WTO compliance (2006, December 11). United States Trade Representative. Retrieved at http://www.ustr.gov/assets/Document_Library/Reports_Publications/2006/asset_upload_file688_10223.pdf brief chronology of China's intellectual property protection. Retrieved at http://www.american.edu/TED/hpages/ipr/cheng.htm
alfour, F.(2008, March 18). World sneezes, China's just fine. usinessWeek. Retrieved at http://www.businessweek.com/globalbiz/content/mar2008/gb20080318_747713.htm?chan=globalbiz_asia+index+page_asia+investing
China. The World Fact ook. Retrieved from https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html#Econ
Economic reform in the People's Republic of China. Wikipedia. Retrieved at http://en.wikipedia.org/wiki/Chinese_economic_reform
Gupta, a.K. (2008) the quest for global dominance. p. 239..Jossey-ass. ISN978-0-470-19440-9
Navarro, P. And Chien, E. (2006, April 21). China's devalued yuan: Hu won't budge; ush doesn't get it. New America Media. Retrieved from http://news.newamericamedia.org/news/view_article.html?article_id=3bd87bd1fb3eb56a29a5759f349165f8
Patten, C. (2005, September 26). Comment & analysis: Why Europe is getting China so wrong. Financial Times. Retrieved at http://search.ft.com/ftArticle?queryText=China+the+world%E2%80%99s+largest+economy+for+18+of+the+past+20+centuries&y=6&aje=false&x=14&id=050926000484&ct=0&nclick_check=1
The real great leap forward. (2004, September 30). The Economist print edition. Retrieved at http://www.economist.com/printedition/displayStory.cfm?Story_ID=3219418
Bibliography
2006 report to Congress on China's WTO compliance (2006, December 11). United States Trade Representative. Retrieved at http://www.ustr.gov/assets/Document_Library/Reports_Publications/2006/asset_upload_file688_10223.pdf brief chronology of China's intellectual property protection. Retrieved at http://www.american.edu/TED/hpages/ipr/cheng.htm
Balfour, F.(2008, March 18). World sneezes, China's just fine. BusinessWeek. Retrieved at http://www.businessweek.com/globalbiz/content/mar2008/gb20080318_747713.htm?chan=globalbiz_asia+index+page_asia+investing
China. The World Fact Book. Retrieved from https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html #Econ
Economic reform in the People's Republic of China. Wikipedia. Retrieved at http://en.wikipedia.org/wiki/Chinese_economic_reform
This is an opportune time to establish a foothold in China for the United States' knowledge economy. The longer the United States has to wait, the smaller its advantage will be upon entering the Chinese market, which it will eventually have to do.
It appears now that the United States did not benefit much from China's WTO accession. China's inadequate Intellectual Property framework diminishes the U.S. advantage in high tech industries. (Harvard, 8). Computer software, from such companies as Microsoft, are some of the most profitable products in the world, but they are often used by Chinese consumers without Microsoft being paid for it. Software products, often delivered through compact discs or even online, cost next to nothing to copy and transfer, as Chinese bootleggers have demonstrated.
The research and development costs that go into such software products is huge. Actually, they are the very epitome the United States' factor endowments,…
Bibliography
Feenstra, Robert C. Advanced International Trade: Theory and Evidence. Princeton, N.J: Princeton University Press, 2004. Print.
Feenstra, Robert C, and Alan M. Taylor. International Trade. New York W.H. Freeman, 2008. Print.
Abrami, R. "China and the WTO: What Price Membership?" Harvard Business School April 9, 2008. Cambridge: Harvard Business School Publishing.
China did not have any debts to pay. However, actually during this era Chinese authority had been so undermined and the prestige of the government with its own people so completely destroyed "that it may well be said to have prepared the ground for the Walpurgis night of imperialism, which was witnessed in the decade following the Sino-Japanese War in 1895."
For example, one major complication that rendered diplomatic relations between China and the Western nations led by Britain extremely difficult was the attitude of the British mercantile community. The chimera of inexhaustible trade had drawn them into the interior. The central highway of China, the Yangtze, had now been opened. "Settlements" and trading establishments existed in every important city. Yet for some reason the results were bitterly disappointing. The fabulous China trade did not materialize.
The mercantile community blamed their failure on the opposition of the Chinese officials. Their remedy,…
References
Michael, Franz. Taiping Rebellion. Seattle: Washington Press, 1971.
Pannikkar, K.M. Asia and Western Dominance: A Survey of the Vasco Da Gama Epoch of Asian History, 1498-19 London: George Allen & Unwin, 1953.
Reilly, Thomas. Taiping Heavenly Kingdom. Seattle: Washington Press, 2004
Shih, Vincent. Taiping Ideology. Seattle: Washington Press. 1967.
Furthermore, the Chinese version of the iPhone cost as much as $1,025, compared with $299 in the United States. "Apple picked a weak partner, irked the customer with its pricing, and ignored the competing channel. Essentially, it continues to cultivate competition by marketing the touch-screen smart-phone segment and weak-playing the largest market in the world" (Yaw 2009).
According to Chinese consumers, "the iPhone in China costs more than 1000 dollars without a service contract. The per capita GDP of China is 6000-7000. The grey market vendors are successful because their prices are reasonable" and the Chinese consumer is still more value-conscious than his or her American counterpart (Kharif 2009). Joked one Chinese consulting firm: China Unicom's iPhone plan "will be an interesting exercise in how to sell an inferior product at a higher price" (Apple's iPhone sales debut, 2009, Bloomberg). However, according to Apple, the prices of the phones "will…
References
Apple's iPhone sales debut in China disappoints analysts. (2009, November 3). Bloomberg
News. Updated November 4, 2009. Retrieved December 13, 2009 at http://www.mercurynews.com/business/ci_13707842?nclick_check=1
Kharif, Olga. (2009, November 3). Apple iPhone's China problem. Businessweek. Retrieved December 13, 2009 at http://www.businessweek.com/the_thread/techbeat/archives/2009/11/apple_iphones_c.html
Yaw, Sin. (2009, September 27). iPhone's China play. Nomadic Minds. Retrieved December 13, 2009 at http://www.nomadicminds.org/blogs/2009/09/27/iphones-china-play/
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ibliography 2006 report to Congress on China's WTO compliance (2006, December 11). United States Trade Representative. Retrieved at http://www.ustr.gov/assets/Document_Library/Reports_Publications/2006/asset_upload_file688_10223.pdf brief chronology of China's intellectual property protection. Retrieved at http://www.american.edu/TED/hpages/ipr/cheng.htm alfour, F.(2008,…
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