...China and the United States Name Course Date China and the United States International relation is an important topic in the word because it concerns people from various backgrounds in the society and it touches on their cultures as well. International relations come to being concerning the different national governments. This paper will discuss the topic of international relations concerning the South China Sea dispute between the US and China (Goldstein, Pevehouse, 2014, p. 2). The issue of the South China Sea is a long-standing dispute between China and other Asian countries. There are mainly two groups of islands that are being contested for by these countries. The first of the two is the Paracel islands that are disputed for by China, Taiwan and Vietnam. The second is the Spratly Islands that is disputed for by china and the other ASEAN country members such as Brunei, and Malaysia. China’s interest in these regions is specifically for territorial control and for control over the mineral resources that are found in the region. The US, on the other hand, has had its interests in the region specifically for their commercial purposes. The US’ interests in the islands have been mainly for keeping the commercial routes through the region to its trading partners open. Additionally, the US’ interest in the region has been for military purposes where it has been seen to try to exert its military superiority through the dispute (Goldstein, Pevehouse, 2014, p. 182). These interests...
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...China and the United States Name Course Date China and the United States International relation is an important topic in the word because it concerns people from various backgrounds in the society and it touches on their cultures as well. International relations come to being concerning the different national governments. This paper will discuss the topic of international relations concerning the South China Sea dispute between the US and China (Goldstein, Pevehouse, 2014, p. 2). The issue of the South China Sea is a long-standing dispute between China and other Asian countries. There are mainly two groups of islands that are being contested for by these countries. The first of the two is the Paracel islands that are disputed for by China, Taiwan and Vietnam. The second is the Spratly Islands that is disputed for by china and the other ASEAN country members such as Brunei, and Malaysia. China’s interest in these regions is specifically for territorial control and for control over the mineral resources that are found in the region. The US, on the other hand, has had its interests in the region specifically for their commercial purposes. The US’ interests in the islands have been mainly for keeping the commercial routes through the region to its trading partners open. Additionally, the US’ interest in the region has been for military purposes where it has been seen to try to exert its military superiority through the dispute (Goldstein, Pevehouse, 2014, p. 182). These interests...
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...behaviour and underlying aspirations to argue that it would be inappropriate or at least premature to stamp the country ‘revisionist’. I will also incorporate Morgenthau’s viewpoint on a status quo’s ‘minor adjustments’ into my reasoning of China’s policy to argue that what could be currently perceived as evidence of Chinese aggressive ambitions are not attempts to reverse the current power relations but merely manifestations of a self-defensive behaviour and natural adjustments in fair proportion to its multidimensional growth. I will first establish that China’s seeking hegemony contradicts with its Confucian principles and therefore is not reflected in its observed conduct of politics, with emphasis on its bilateral relation with the US. In the second part of the...
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...GNlu | US-CHINA RELATIONS | SUBMITTED TO:Dr.Aruna Kumar Malik | | SUBMITTED BY :ABHISHEK CHATTERJEE | REG NO :11A006 INDEX Introduction Pg 2 US China Comparison Pg 3 Brief History Of US-China Relations Pg 5 Conclusion Pg 21 INTRODUCTION Since the dawn of civilization there have been great nations, 5000 years back the Mesopotamian,Egyptian and Indus Valley Civilization were the super-powers,if not the only advanced civilization of their time,2000 years back we had the roman empire and the chineese,500 years back the mughal empire,the ottoman empire etc. The world order keeps on changing, the end of the first world war saw the rise of America along the ranks of other European superpowers like the British Empire,France and Germany and saw the fall of 2 superpowers,the ottoman and the Austria-hungry empire. The second world war ushered the modern world into a new world order. The United Nations was born and its membership suddenly grew. The United States brought about reconstruction of the war torn economies of Europe and Japan and ensured stable democracies for her new allies...
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...office opened in Wuhan instead of Shanghai. Our biggest concern is our economy and the Chinese people. We believe that Olin Insurance Company could help out many people within Wuhan. We have been exploited in the past over and over again before by wealthy outsiders and we will not let this happen again. To see if we can really trust Olin Insurance Company, we need to find out if the company is concerned with helping our middle income people, or only concerned with their bottom line. Wuhan is a growing city which was listed second on the list of future “supercities” in the June magazine called Future Supercities. We feel that Wuhan has a lot to offer, because it is located in central China which is just a one hour flight from Shanghai. If we are not able to negotiate these terms, we need Olin to show us another method that would help the Chinese middle income people. For a resistance point, we will not accept a deal that would only locate their office within Shanghai. We may be somewhat flexible in opening a second office in Shanghai in the future after Olin proves they are a trustworthy company. We understand that Olin wants to maximize their profits, but we need to also make sure we help our economy and the growing Chinese middle income people. b) We need a training center set up for 50 promising Chinese candidates in the city of Wuhan within six months of establishment. Building our economy is...
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...NAMASTHE SOLAR Introduction Namasté Solar is a leading Colorado solar installer in the residential market. Colorado’s favorable market conditions attract new competitors, putting pressures on price and market share. Unusual management structure and values systems, and public incentive structures complicate a pending decision to grow the residential market or develop a commercial installation business. (http://leeds.colorado.edu/casestudy/169#overview) The Pros and Cons of Namaste’s Three Options Path A: to “sell the whole kit and caboodle” Advantages: * By more invested capital the company can grow much faster than the market. The invested capital can be used to acquire more resources and for more research and development projects which ultimately might increase the company’s profit. * Very high expansion is possible because the company can hire more people which enable them to reach more customers and more installations. By this process the company’s reputation can be kept high and increase the profitability. * The disadvantages in decision making strategy which was originally followed by the company can be eliminated. * The stack holders and stock holders can receive a huge return for their invested capital. * The investment risk of the employers can also be reduced. * Last but not the least, employers feeling of tired and overworked can be reduced to a great extent. Disadvantages * The company’s core values like Care for the Earth, Care...
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...Introduction The US and China have always been involved with one another; they have a very complicated history, the two function very differently in areas of politics, economics, and social issues. These disparities have hindered the way both countries conduct business with each other, particularly in the area of international trade. Like any international trading relationship government policies affect the way business is conducted. For example, piracy is very common in China; piracy is the unauthorized use or reproduction of copyrighted or patented material. In some cases a government can affect international trade flows by its lacks of restrictions on piracy. In the case with the relationship between the US and China some may argue that piracy is a major contributor to the uneven nature of financial flows and trade between the United States and China. The US has a large trade deficit with China, but there is little legislation between the US and China forcing China’s government to officially address the issue of piracy in their country. The Trade Relationship between China and the United States The trading relationship between China and the US dates as far back as 1784 when the empress of China decided to open trade between the US and China. At that time the US had very few possessions to offer; however several hundred years later after several wars, changes in leadership, economic needs, and industrial revolutions a more in-depth trading relationship evolved. While the...
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...PART-I US-Canada: Since many years, US-Canada trade has been the cornerstone for Canada’s economic development. Canada began its trade with the US in 1920s when rapid urbanization in the US led to huge demand in wood and other forestry products. In the 1920s and 1930s, pulp production increased steadily with over 90% of the produce being exported to the US. In 1925, the opening of the Panama Canal increased the exports of lumber from British Columbia to eastern U.S. markets, which dramatically increased the netbacks received for lumber produced in British Columbia (Statistics, Canada, 2012). Post world war, rapid expansion in the US industrial capacity was accompanied with rapid growth in the Canadian economy as well. Growth in the demand for newspapers led to the growth of pulp and paper industry. By1950, over half of the world’s newsprint was supplied by Canada. By 1954, pulp and paper exports accounted for 24% of Canada’s total exports, of which, 33% of those exports were to the United States (Statistics, Canada, 2012). Post 1960, the new staple in the resource landscape for Canada was Energy. Until this time, though some local sources were available on the Prairies and in Nova Scotia, Canada had relied on coal imports. In 1957, there was a major oil discovery in Alberta at Leduc, which lead to a major and dramatic expansion of crude oil and natural gas industry, the effects of which are still evident till date. The North American Free Trade Agreement (NAFTA) removed most...
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...impact of RMB, the undervalued Chinese currency. China has been accused of unfairly manipulating its currency exchange rate in order to gain a price advantage in export. While China has benefited from this export trade advantage by artificially defining the value of RMB, it has become even more difficult for U.S. manufacturers to compete with their Chinese rivals. As a result, millions of jobs have disappeared in the U.S., mostly attributed to the U.S. trade deficit with China. It seems that many of those manufacturing positions could still exist without intervention from the Chinese government in the currency market. Backgrounds: The controversy about China’s currency manipulation has long been a subtle yet sensitive argument between Beijing and Washington. Without a market based floating exchange rate, the Chinese Yuan has appreciated approximately 30% beyond the dollar since 2005 (China Daily). In order to keep the value of Chinese Yuan low, the Chinese government has artificially maintained restrictions and controls over capital transactions, and has made large-scale purchases of U.S. dollars by constituting a de facto subsidy for Chinese exports to the U.S. as well as imposing a de facto tariff on imported U.S. goods. Consequentially, this policy has severely harmed several US manufacturing sectors, especially those that have been made to compete against the low-cost Chinese products. The growing trade deficit with China has cost the United States more than 2.8 million...
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...SUMMARY OF U.S.-CHINA BILATERAL WTO AGREEMENT AGRICULTURE The Agreement would eliminate barriers and increase access for U.S. exports across a broad range of commodities. Commitments include: Significant cuts in tariffs that will be completed by January 2004. Overall average for agricultural products will be 17.5 percent and for U.S. priority products 14 percent (down from 31 percent). Establishment of a tariff-rate quota system for imports of bulk commodities, e.g., wheat, corn, cotton, barley, and rice, that provides a share of the TRQ for private traders. Specific rules on how the TRQ will operate and increased transparency in the process will help ensure that imports occur. Significant and growing quota quantities subject to tariffs that average between 1-3 percent. Immediate elimination of the tariff-rate quota system for barley, peanut oil, sunflower-seed oil, cottonseed oil, and a phase-out for soybean oil. The right to import and distribute products without going through a state-trading enterprise or middleman. Elimination of export subsidies on agricultural products. China has also agreed to the elimination of SPS barriers that are not based on scientific evidence. INDUSTRIAL PRODUCTS China would lower tariffs and eliminate broad systemic barriers to U.S. exports, such as limits on who can import goods and distribute them in China, as well as barriers such as quotas and licenses on U.S. products. TARIFFS Tariffs cut from an average of 24.6 percent...
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...In recent years, discussions between the governments of China and the United States have centered on each country’s external imbalances, large trade surpluses for China and deficits for the United States, and the need for structural reforms to achieve more sustainable patterns of growth in future years. This paper argues that reductions in external imbalances suggest that some restructuring has occurred. However, a more detailed examination of economic developments within each country offers less basis for optimism. China has experienced a large appreciation of its real exchange rate and an external surplus less than half that of the years preceding the global recession. However, the domestic counterpart has been even-higher rates of investment as opposed to lower rates of saving and a more sustainable growth of public and private consumption. For the United States, a reduction in the external deficit has been associated with an extreme contraction of domestic investment rather than increased saving. It is noteworthy that the economic trade between the two countries has become even more unbalanced than in the years before the recession, and the bilateral deficit now accounts for two-thirds of the U.S. global current account deficit. The concluding section argues that further reduction in the trade deficit through the expansion of U.S. exporting capabilities is critical to its future performance. The section discusses policy changes that would slow the process of shifting production...
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...BADM 581 5 October 2011 Business and Negotiation; the US and China as Antitheses? Developing a productive rapport with China and Chinese business is tantamount to modern economic success. For both parties it is a new experience; China emerges from a 24-year Communist hiatus and the US deals with individuals and social norms that are entirely different to those of the western world (Baldinger, 6). As both countries fight naturally xenophobic and insular ideological tendencies, it is interesting to observe compromise and acceptance and the cultures mix, particularly on the organization and professional levels. Whether one will prevail over the other on a broader political and economic level is a question for a different time, but the same battle rages in meeting rooms and corporate discussions on both shores. Indeed as the nations battle over complicated economic concerns, it is up to individual businesses to function coherently and productively to create a profitable and stable situation. Where US culture puts high demands on profit targets, formal industrial organization and structure, employee satisfaction and corporate responsibility, the same priorities are not comparable in China. Certainly, conversely, Chinese values of manners and cordiality, production efficiency and personal trust and respect hold different places in the American industrial psyche. The discussion herewith will not be a discussion of merit, but an examination of how these factors complexly intermingle...
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...Oreo: US Vs China Market Oreo is a sandwich cookie that is made of two outer chocolate round biscuits filled with cream. The “Oreo Biscuit” was first introduced in the United States in 1912 in New York City by The National Biscuit Company, now known as Nabisco. Currently, Nabisco is a division of the Mondelez International brand. In its long history, the Oreo has been known by various different names including the “Oreo Sandwich”, introduced in 1921, the “Oreo Crème Sandwich” in 1948 and finally the “Oreo Chocolate Sandwich Cookie” in 1974. The very first Oreo design was a simple wreath around the embossed word Oreo. In 1952, William A Turnier, created the Oreo design that is still used today, complete with the Nabisco logo and much further embossing around the cookie. In the 1990's, concerns about the health of Oreo's, regarding the lard in the cream filling, sparked a change in the recipe. The cookie filling was now made with partially hydrogenated vegetable oil. In 1997, following a three year recipe development, Oreo made their cookies Kosher and many consumers were over-joyed by this change. Later, Oreo suffered some criticism still, and in 2006 the recipe was changed again, only with the use of non-hydrogenated vegetable oil. This put Oreo on the “accidentally vegan” list on Peta.org and has since changed its previously negative views on the cookie's health to very positive, in moderation. On March 6th 2012, Oreo celebrated it's 100th anniversary in the...
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...Traditional Management Styles of the United States versus China Abstract Chinese and Western management styles have varied greatly for many years, but are now beginning to merge. With more and more Western companies opening offices in China, managers are using hybrid styles of management. The combining of Chinese and Western styles of management have helped both companies and managers to become successful. This is due to the positive manager-employee relationships that develop and lead to high job satisfaction. Chinese managers are creating strong relationships and social networks not only within their company, but with other mangers working at different companies throughout the world. Companies that open offices in China often use expatriates to manage employees and set the corporate culture. When using expatriates, companies want to ensure that the very best are sent to work in China. These managers are able to build strong relationships and interact within the Chinese culture and with Chinese managers. The development of combined management styles is what has helped China to become the world’s leader in the current market setting. Traditional Management Styles of the United States versus China Introduction In recent decades, the rapid economic development of Asia is one of the most important events in history. This development continues today, and there is every reason to anticipate that it will continue indefinitely, unless derailed by possible but unlikely...
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...1 of 17 Xianghui(Ray) Chen 2153583 China and Global Financial Crisis US-Led TPP VS China-Backed RCEP —Applying Main IR Theories To US Policy-Making Process And Relevant Developments The backdrop of the TPP and RCEP WTO and TPP TPP and TTIP are drawn from the two precedent successful free-trade experiments, the EU and NAFTA(North American Free Trade Agreement). EU originated from the European Coal and Steel Community, before developing into the Common Market and further into European Community, and finally, into the EU. 1The ‘living’, ‘evolving’ treaties and agreements of the EU very much guide the living agreement of TPP/TTIP. NAFTA originated from CUSFTA (Canada-US FTA), which was implemented in 1989, and followed by NAFTA, ratified in 1994. Both EU and NAFTA existed before the WTO finally replaced GATT at the beginning of 1995. The replacement not only greatly expanded sectoral coverage but also replaced the GATT’s quite weak dispute-settlement mechanism.2 The liberalization and integration of trade had mainly proceeded under the auspice of WTO prior to the year 2000. With the evolvement characterized by the widening of the trade agenda to include the movement of people and not just that of goods, services, investments and capital,3 international society called for an update of the WTO. Although the Doha round did inspire some discussion in 2001, developing states fundamentally refused to open their market to the services and goods of the developed ones...
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