Essay : Made in China

• The enormous surplus of labor in China imperils workers worldwide as international competition puts incessant downward pressure on wages and working conditions, leading the apparel and textile industries to favor the cheapest and most Draconian producers.

From January until October in 2010 imports from China to the United States this year were $299,026.0 million and only $72,276.2 million in exports to China, leaving a U.S. trade deficit of -226,749.8 million - this is according to the U.S Census Bureau U.S Foreign Trade Statistics. Here we can examine that Chinese

China is one of the biggest countries along with Thailand and Japan who make goods for Australia. Being Australia’s third largest merchandise trading partner and seventh largest service export market in 2003, China might significantly affect the Australian economy through any changes made to its trade policies. A more liberal Chinese trade policy could increase Australia’s income in part through greater market access for its exports. Of every hundred dollars of national

Several factors caused this slowdown. First, China’s biggest advantage in the export sector, the cheap, seemingly unlimited supply of labor is gradually

"China is the largest exporter to the U.S. economy in virtually all consumer goods categories. Wal-Mart is the leading retailer in the U.S. economy in virtually all consumer goods categories. Wal-Mart and China are a joint venture. " When trade agreements were signed between the U.S. and China in the 1990s, bringing China into the World Trade Organization, American political and business leaders embraced the idea. China's 1.2 billion people were viewed as an enormous untapped market for American-made goods.

In addition to that, when developing countries were convinced, it has come to the arisen of a contemporary debate of free trade vs. fair trade. Obviously, in economic globalization of free trade, China has a main advantage which is low working wage, relatively to the US wage. And, the problem is that there is no mean of defining "unacceptably low wages" or "inhumane working conditions." As a result of the huge international gap of living standards, China has benefited from free trade, although most Americans view it as an unfair

You walk into a store pick up items  and read its tag wait what does it say the three words any american hopefully hates to see "made in China." It might say "made in mexico" But it probably won't ever say "made in USA." It use to never be this way decades ago. You ask why do you even care it means cheaper product's. Well i do care because your taking business away from american companies because your to cheap to spend the extra money to get an actually well manufactured product.

The influence China is having on the United States is extraordinary. As America continues to drastically import and purchase from China, China is purchasing and investing in valuable American assets. Some of these assets include energy, entertainment, food, aviation, minerals, land and other businesses. Although we operate in a global economy, the positive short-term gains by American companies selling to foreign investors may lead to negative long-term consequences. Countries such as China are literally buying tangible assets on American soil. This trend could affect commercial prices, resources, supply and demand. When a foreign company or individual owns rights to assets in the Unites States, American citizens could be subject to their conditions. Americans could be at the mercy of market conditions set forth by an entity to whom we are directly competing with on a global scale. For better or worse, China has great influence on inflation, monetary policy and acquisition within our own borders.

in the US, upper, middle, and lower. They are determined by money, the rich are

According to the case we know that labor costs in china may have a big increase in the next 10 years, from 40% totally to 10% annual increase to even 40% annual increase.

The United States and China share the most imbalanced bilateral trade relationship in the world. The United States imports more goods from China than it exports to a tune of $202 billion dollars each year. All told, China alone accounts for nearly 26% of the

A century ago, the textile and clothing industry was a major part of the U.S. economy, but that is no longer the case. Faced with foreign competitors that can produce quality goods at low cost, many U.S. firms have found it increasingly difficult to produce and sell textiles and clothing at a profit. As a result, they have laid off their workers and shut down their factories. Today, most of the textiles and clothing that Americans consume is imported. The United States and China are economically connected through importing and exporting. Due to the United States being in a large deficit with China, we must remain in good terms with China. China has a very fast growing economy due to their advances in technology and other devices. The benefits are on a global perspective, globalization means more job opportunities. China has cheap labor, which allows them to produce at a lower cost. The story of the textile industry raises important questions for economic policy: How does international trade affect economic well-being? Who gains and who loses from free trade among countries, and how do the gains compare to the losses? A low domestic price indicates that the country or in this case China, has a comparative advantage in producing the good and that the country will become an exporter. A high domestic price indicates that the rest of the world has a comparative advantage in producing the good and that the country will become an importer. China is second to Canada as the United

China has about five thousand years history which is a very long period of time. Also, the Chinese civilization was growing with these periods of time and it will continues greater than ever. Many wars and unhappinesses were happening during this period. Although, the time has passed, the histories and the civilizations have not passed. These family virtues, serious, working attitudes, sense of justice and the great Confucian tradition have been deeply assimilated into the Chinese people. Some Chinese traditions are different from North American’s. The Chinese culture has many special characteristics which are very interesting for people to learn.

Although this sometimes isn’t the factories fault because most of the workers are uninsured so they are denied medical and social services (“China: Beijing’s Migrant 1”). Most of the factories do try to pay their workers by hour at about twenty cents per hour, but some only pay them once a year (Goldman 1). This however is breaking the rule of Labor Law fifty in China, which states that workers must be paid on a monthly basis. The average wage per month is only about sixty-five dollars which isn’t a sufficient amount of money to support an average family (“China: Beijing’s Migrant 1”). These people try to work overtime to earn more money, but often times they are forced to do this regardless (Goldman 2). Chinese workers often work in fear, because they have to ask permission to leave even after their shifts are done and to even go to the bathroom (Goldman 1). The Chinese workforce is starting to realize these problems and they won’t stand for it.

The ongoing economic rise in China effects the US in many ways, including things that some people wouldn’t even consider. It can be seen that the Chinese are beginning to need more jobs, but can that be because some of theirs are being given to us? And, that’s not the only thing they’re giving us. China has the proven to be worst pollution in the world, and it has gotten to the point where the polluted air has travelled overseas to the US, and has begun to take a toll on us. But, they’re not only giving to us. Because of it becoming harder to find jobs, the students push themselves to the limit to become perfect, which could create competition with graduates here in America.