Evaluate the Positive and Negative Effects of Globalization in China

The process of globalisation in China has been a rapid one. China’s exponential growth since the fall of Mao has lead to increased international influence – with China now operating on an international scale.

Globalization in the Chinese clothing, textile, and shoe industries has created multiple jobs in China which is the highest employed country in the world. China employs 5.3 million workers in the clothing industries. Globalization has effected many countries in different ways but in China, it has allowed for more employment opportunities in the Chinese market. In 1996, China had become the leading world producer and supplier of clothing by generating about 13% of the world’s supply in clothing.4 This has helped China but the conditions are not the best in the world. The best use of globalization in China has to do with their trade with other countries which in the long run helps support their relationships with other regions.

Globalization is a process that refers to the increased integration between different countries and economies as well as the increased impact of international influences on all aspects of life and economic activity. Over the last 50 years, globalization has had a tremendous impact on the Chinese economy. The impacts brought forth by globalization can be both positive and negative and effect both economic performance, economic growth and the development of China’s economy. Globalization is the main factor responsible for China’s significant growth that has taken place over the last two decades. However, globalization itself is not entirely responsible. The Chinese economy has also implemented strategies which have been very effective in promoting economic growth and development. These strategies include the implantation of“Open door policy”, “Reformation” of China’s agricultural system and joining the World Trade Organisation.

Globalization, defined as “a process that aims to expand business operations on a worldwide level, and was precipitated by the facilitation of global communications due to technological advancements, and socioeconomic, political and environmental developments” has been around for ages. However, it is a force that is becoming increasing more relevant in today’s world. In layman’s terms, globalism is the merging or “melting” of individual perspectives and markets into a more global market. As of recently, society has been obsessed with studying globalization. However, the conversation is rarely economical. Globalization is typically looked at as a social or cultural force that is shaping and connecting the world. This is scene in clothing styles, human travel, and popular culture that has become increasingly similar across nations. That sentiment isn’t wrong-globalization does have a cultural side, but many people are missing the economic impacts that this new world is facing. In fact, the economic implications of globalization and how governments legislate to control them leads to significant opportunity, but also huge threat globally.

Globalization is a phenomenon that has been impacting our world since as early as 114 BCE. Globalization refers to the assimilation of different economies, trade, and communication. Its origins can be traced back to the establishment of the Silk Road; an ancient trade route extending across from China to the Mediterranean Sea. Globalization, throughout history has had a positive effect in developing economies and creating trade. However, in light of recent events, many economists and leaders are describing it as a barrier to a utopian society. As civil servant and Nobel Peace Prize recipient Kofi Annan once said, “Globalization is a fact of life. But I believe we have underestimated its fragility” (Annan 1999). In many parts of the world, globalization

Globalization is the process of the world becoming more connected. This process comes with major pros and some major cons. One country that suffers greatly from a negative consequence of globalization is China. China is currently suffering from air pollution. Air pollution has negative affects on both health and the environment. Although China is impacted negatively, the world impact overall, is positive.

The world economy has improved rapidly as a result of globalization in past decades. However, many environmental problems began to emerge during the economic boom. Especially, in the middle of the 20th century after World War II, many countries restarted economic development and urban construction. At this time, severe air pollution influenced a number of regions. For instance, London was affected by a critical air pollution event, called the Great Smog of London, in December 1952. During a week, 4000 people had died as a direct result of smog and over 100000 were got ill by the human respiratory tract. Subsequently, from 1978 to now, China has seen a great amount of economic increase, with its gross domestic product (GDP) expanding hundreds time since the reform and opening up. Although China has obtained a huge progress with the globalization, it has resulted in a series of environmental problems at the same time. The aim of the essay is to discover how the globalization affected the environment on air pollution, soil pollution and biological invasion in China. And I intend to analyze the instances of the connection between air

Globalization is the process by which different societies and cultures integrate through a worldwide network of political ideas through transportation, communication, and trade. Generally, globalization has affected many nations in various ways; economically, politically, and socially. It is a term that refers to the fast integration and interdependence of various nations, which shapes the world affairs on a global level. Simply put; globalization is the world coming together. In this essay I will discuss multiple perspectives on globalization through the analysis of these three sources.

Globalization to China is both pros and cons because China is developing country. Economic globalization has made the contradiction between the ecological environment and sustainable development of developing countries increasingly acute.The entry of transnational capital increases the speculative and risk of financial markets, making it easy for short-term speculative capital to hit the weak domestic market in developing countries.Economic

If we want to fully understand the importance of globalization and its effects on the world’s economy and society now and its potential for the future, it is vital that we study its past and how it has originated. The history of Globalization is broad and diverse therefore it is only possible to outline some of the main areas. Globalization isn’t just a modern day phenomenon. Trading activities date from the very earliest of civilizations, but it was the Middle Ages in Europe that initiated systematic cross-border trading operations carried out by institutions of a private corporate nature. By the end of the 14th century it is estimated that there were as many as 150 Italian banking companies already operating multinationally. (Dunning, 1993) This is not exactly globalization, it is however international trade. International trade is one of the main concepts behind globalization.

During the last decade of the twentieth century, the word ‘globalization’ has become an increasingly prominent feature of political, social, and economic discussion in academic and policymaking circles, as well as in the media. The processes and outcomes of globalization drew attention and debates that had one thing in common. The research shows that nearly everyone agrees that globalization is a trend that is changing the face of the world, and as a result the world society lives in a more ‘globalized’ world. Nearly two and a half decades passed since 1990s, and studies have been conducted to examine the causes and consequences of globalization. Moreover, nearly every person experiences some type of globalization and can testify firsthand the effects it has on their life, society, and the state. The analysis of the effects that globalization dynamics have on the world society indicates that globalization has a significant positive impact via spreading opportunities and wealth across nations, stimulating innovation and productivity, enhancing the economic development of poorer countries, and helping to improve living standards.

Globalization is difficult to simply define due to the variety of changing definitions that have been established over previous decades. Hamilton and Webster (2012) suggest that globalization is the connection between nations, defining globalization as a process in which barriers are reduced in order to encourage exchanges between countries. This view proposes that globalization refers very much so to the trade barriers and the improved communications between countries in order to ensure the world is unified. Globalization increases economic activity across the world and opens up markets for foreign investment.

“Globalization is not just one impact of the new technologies that are reshaping the economies of the third millennium” (Thurow 19-31). When speaking of globalization, most people will not have a complete understanding as of what it actually means or what aspects of the world it affects. Globalization promotes free trade and creates jobs. The capital markets attract investors, resort cheap labor, and leads to job losses in some areas of higher wage. While all of this is happening, the world economy is being effected: economically, culturally, socially, and politically.

Globalization is the process regarding an increasing interaction of people, states, or countries through the growth of the international flow of money, ideas, and culture. It can also be tied to business ventures where businesses or other organizations develop international influence or start operating on an international scale. The idea of globalization has become very controversial in the United States labor market. There are many pros and cons on how it affects the labor markets. Along with the labor market controversy people also debate over whether globalization is a threat or opportunity to the United States economy. Although Globalization has brought a significantly positive impact on most countries in terms of economy, culture, and politics, it also has left some drawbacks behind on the same aspects.

Across the world, globalization is one of the most significant aspects that has occurred over the last fifty years. It allows a country to integrate economically with other countries through a global network comprised of people, trade, and transportation. With the global landscape only becoming more intertwined, globalization and its inherent pros and cons seem to be here to stay. In many areas, global powers tend to lack in rectifying the negative aspects and only focus on the positive side. America, for example, is a leader in the globalization efforts, even though it has greatly effected job opportunities at home, widening income gaps, and an increased standard of living due to fluctuating world markets.