Evaluate the Positive and Negative Effects of Globalization in China

Globalization is the process by which regional economies, societies, and cultures have become integrated through a global network by transportation, communication, and trade. Through a global lens the process of globalization seems to be vital to the development of the modern world. As a result of globalization there has been a dramatic transition in every aspect of life around the world, more specifically in areas such as trade, immigration, and human development. International trade bolsters sales, lowers the cost of production and consumption, and extends the market reach of any corporation. This is beneficial to America in that consumers are able to buy more goods and services at lower costs and therefore the gross domestic product

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 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 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 a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world” (The State University of New York, 2014, para 1).

Globalization is an inescapable factor in the global economy today. Its effects can be felt throughout the world in industrialized and developing nations alike. The “process of globalization is so pervasive that it affects all businesses,” (Lawrence & Weber, 2014, p. 71). The benefits of globalization are apparent to organizations and nations such as reduction in poverty and benefits to consumers. But globalization must be properly balanced with a covential pledge to care for one another. Run amuck, globalization can facilitate negative effects on the environment, resource allocation and culturally diverse sustainability. Globalization is beneficial to the global economy, but must be balanced with a respect for

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 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 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, described as the expansion, intensification and acceleration of global interconnectedness, is one of the intense phenomena that the contemporary era has experienced. It has influenced the monetary, ecological, and societal characteristics of all the nations of the world. Due to both positive and negative consequences on the life of the citizens the world over, globalization is one of the most talked about issue of this century (Javed 2004).

Globalization is a quickly developing incorporation of economies and societies around the globe, leading to rising connectivity, combination and interdependence in the social, technological, economical, and political spheres. It is comprised of growing mobility of products, services, capital, labor and technology. Primary forces spearheading globalization are the loosening of markets

central Asia such as China. The expansion of these corporations promotes globalisation within the domestic countries which, in turn promotes specialisation and induces comparative advantage. In essence globalisation refers to the development of global relationships regarding not only economic activity but culture and people too . It is promoted by the reduction of barriers to trade internationally such as import quotas and tariffs put in place. History shows that the expansion of multinational corporations promotes economic growth within the domestic economies due to the influx of foreign direct investment. Allegedly, globalisation contributes to economic growth in both developed and developing countries through specialisation of goods

This paper sheds light on the impact of globalisation on China and the factors, which affect the process of globalisation in the developing country like China. China is a developing country; its service sector is generally small scale and weak in strength compared with other sectors in the country and its counterparts in the other nations. The business is pre-ruled by traditional services and presently can't seem to be expanded sector-wise. When the markets open up, they will feel the pressure from different nations, which have pre-emptive advantages in business thoughts, quality and scale. In any case, the open entryway change during recent years saw the effective change from a conventional arranged economy to a market economy and from withdrawal to openness. The effect of such a change has gone past desire and been overpowering. What's more, it is likewise genuine that no single nation can avoid globalisation. Support is the best way to distinguish and get a handle on the open doors. Interest is additionally the best way to stay up to date with the standard of the world economy.

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.