Economic Transition of China

• When engaging in international trade, China focuses on the business arrangement, not its political implications. Do you think the United States should act more like China, strengthening its economy by fostering mutually beneficial partnerships with foreign countries that do not promote democracy or fair labor practices?

Tracing back the history of China, Xia Dynasty of the second millennium BCE was the earliest dynasty in China, which was centered along the Yellow River. Before China was unified, it was the time during which most of China's cultural tradition arose. Chinese civilization ascended and developed in a vast area, one-third larger than the United States if such dependencies as Manchuria, Inner Mongolia, and Tibet are included. For centuries China was almost completely isolated from the other centers of civilization by mountains, deserts, and seas. This isolation helps explain the great originality of China's culture. China has many mountain ranges and three river systems that rise close together on the high Tibetan plateau and flow eastward to

In 1949 china was under the expression of a communist state. The regime of china was set up in similarity to the regime of Vladimir Lenin in the Soviet Union. Mao Zedong was part of the communist party. He followed the vision of Karl Marx, by envisioning a society under his regime that all shared equal prosperity and communism. In order to bring this vision to reality, he wanted to eliminate all capitalism and its emphasis on property rights, profits, and free-market competition. In the 1950’s in the rural of china, Mao banned free markets, which involved peasants selling farm products. However the trade of capitalism still existed through the private enterprise of remnants. Mao was dissatisfied with the outcomes towards an economy of Marxism. So he strived for a stronger approach by coming up with the Great Leap Forward. However, after the intense economic development that china had suffered from the great leap forward, it left millions of individuals throughout china suffering from the masses and deaths from the collapse of the food system. Because of the major consequences that were suffered from this approach it was unable to be left unnoticed. So, in 1960 after Moa Zedong declined all responsibility towards the disaster from the Great Leap Forward, Lui Shao-chi and Deng Xiaoping were left to rectify and administer the crisis. However, their attempt to repair the economic damages towards china, only led to the reverse of Mao’s earlier policies. That were

The major actors involved in the Chinese challenge include the US government, the Chinese Government, US and Chinese businesses, and the American Citizens. When analyzing the hierarchy of goals for the Chinese government, it is important to note that the Chinese Communist Party is not democratically elected. Their mandate to govern has been based on China’s strong economic performance. Above all else, it is crucial for the Chinese government to maintain its economic success. 29% of China’s GDP is composed of exports of goods and services.

Chinese philosophy places great emphasis on gradual change in order to maintain stability. Many Chinese elite, scholars and technocrats, who are affiliated with the CCP, are the ones who shape the debate and are able to change norms and policies. Whereas Americans, regardless of social standing and political patronage, have been known to challenge social, economic and political norms, resulting in constant innovation. In China, pulling the lever is reserved to a minority elite with limited room to address issues beyond business, finance and economics. The Chinese government is already grappling with the consequences of market reforms which has given Chinese citizen the ability to voice their opinions through their economic rights. Unfortunately, challenging orthodoxy does not go hand in hand with Chinese

In the book China: A Nation in Transition, many topics are covered, including the one-child policy, religious ceremonies, and most importantly, women's rights and emancipation. In the chapter Chinese Communism and Emancipation of Women, the reader learns about various issues China has with gender inequality between men and women along with quickly growing campaigns and efforts in the pursuit of equal rights. For example, this chapter covers what rulers have done in order to help women , like when the young Mao Zedong added women studying abroad to his socialist society, along with pointing out some discrepancies between men and women, like passing the Health Care and Labor Organizations law creating limitations on jobs women can perform. On

Life in China during the 1980s began to progress because of the Economic Reform in Communist China. Leaders of the communist party, Deng Xiaoping and Mao Zedong did not agree with each other on one major part of Chinese history, which was the Cultural Revolution. Deng disagreed with Mao on Mao’s views about the ideas of a cultural revolution in China, because he believed that it would become a negative effect on the people. Deng Xiaoping was openly critical of Mao Zedong’s ideas but Deng was also one of the leaders of the communist party, so nonetheless, he was arrested and removed from office until the end of the Cultural Revolution. A few years later, in 1976, Mao Zedong had passed away, leaving the country in despair. Deng Xiaoping rose to power and began working non-stop on economic reforms in communist China in the many years to come. Deng Xiaoping was a much more effective leader than Mao Zedong. China began growing economically and Deng provided better lives for people and created hope for his country, but his journey was not short and nor was it simple.

After Mao Zedong’s death in 1976 , a new generation of leaders had emerged . Deng Xiaoping , who had been expelled from the Communist party during a cultural revolution soon became Mao’s successor . Deng quickly moved China into a more pragmatic direction . “It doesn’t matter whether a cat is white or black , as long as it catches mice”. This was one of his famous quote . What he meant was that he did not really care about whether a policy was socialist or capitalist . His own policy set the stage for China’s rapid rise on the global stage .

By granting China most-favored-nation trade status the United States has started that long and difficult process of bringing China out of its international dark ages. In order to live up to the terms of most-favored-nation trade status China has had to become more open to social and economic changes. These reforms included more economic freedom, easier access for foreign direct investments. The economic developments these reforms have been to a main cause for China’s newly increased gross nation product. Over a ten-year period from 1978 to 1988 most-favored-nation trade status was directly responsible for an annual ten percent growth in China’s gross national product.

Throughout history, China and the US have had many different views about Economic systems, such a how much control the government should have, are the people allowed to have free speech, and how things should be sold. There are a few similarities as well, such as wanting to keep the people’s rights protected, making sure that education is the priority, and being able to own private property but there are more differences. One can think that there are more important arguments on the differences side than on the similarities side. Even though the US and China have many differences, they also have a few similarities as well, such as keeping the people’s rights protected. With Communism, in China, one of the reasons they are communist is to make everything that the people get is divided up equally, with the “Constitution of the People’s Republic of China”.

Throughout the course of China’s vast history, there is not a more controversial, internationally criticized and locally praised ruler than that of Chairman Mao Zedong. When Chairman Mao took control of the Chinese government as leader of the newly established Communist Party, he was most notably commended for helping unite China after years of civil war. After the previous regime left the country nearly bankrupt, Mao faced the challenge of rebuilding China’s economy, and he believed that it could only be accomplished through true Communism, modeled after the Soviet Union. Mao’s vision was highly approved by the people initially as it reinvented the working class and gave more power to peasants, but it was not long before the country

China, the second leading exporter in the world, is known for their immense role in the United States economy. Without China’s contribution to the U.S. economy, the United States would suffers tremendously. This is the same case for China, the contributions from foreign companies is a big reasons for China's success. The relationship between these two superpowers were not always very strong. For years the United States trade system was not a very compelling situation for other countries to do trade. As the United States evolved into the superpower country they faced a lot of complications. For the United States of America to remain one of the world’s most powerful countries a strong relationship with China is a necessity. The continuation of

Mao Zedong was a communist revolutionary and leader of the People’s Republic of China from 1949 to 1959. He also led the Chinese Communist Party (CCP) until his death in 1976. Known as the ‘Founding Father’ of China, he held a critical role in transforming the country from a poor, populous country into a developing industrial superpower. During the duration of Mao’s rein from 1949-1978, Mao introduced the second Five Year Plan known as the Great Leap Forward in 1958, implemented to transform China into a modern, nation state through economical and industrial development. Subsequently in 1966, he aimed to unify the country by eliminating traditional capitalist elements present in the Chinese society through the Cultural Revolution. However,

There have been recent concerns about the United States’ involvement with China’s economic rise. A concern about China’s growth surpassing the United States in economic size within the decade and regulating purchases of power. China’s economy grew in 1979 upon opening to foreign trade, investment and a free market. The increase of China's economy caused the gross domestic product to grow in 2016 by ten percent. China soon had the lead in being the largest economic manufacture, merchandise exporter and importer and holder of foreign exchange reserves. Their control as one of the largest economies encouraged the United States to have commercial ties with them. China's huge influence made it the United States’ second largest trading partner,

This revolution was known to be Mao’s last revolution before his death in 1976. Despite the violence and the loss of lives, Mao had set the stage for China to prosper and grow. Although it was deemed as a failure, as Lee Feigon wrote, the Cultural Revolution had improved education, sped up the industrialisation of China and opened up the nation to the outside world (2002, p. 178). The Cultural Revolution will always be a historical event that was unusual and complex that has helped defined the People’s Republic of China that it is