Foreign Trade with China

Since the start of reform and opening three decades ago, China's foreign trade has been growing rapidly, even faster than its GDP. Nevertheless, the macro environment nowadays is undergoing influential change, and it is questionable whether China would be able to maintain its current speed of growth. By performing a PESTEL analysis, this essay proposes that China could no longer maintain its current mode of foreign trade with heavy emphasis on labour intensive manufacturing. New areas of growth must…

China and American Trade Relationship On February 22, 1784 an American vessel named the Empress of China set sail from New York to Canton, a province in China that is now referred to as Guangzhou, in order to establish a trade relationship between the United States and China (The Chinese Magnet). Samuel Shaw, the officer of the Empress of China, was responsible for overseeing the cargo and the sale of the goods that traveled on the merchant ship. Shaw was appointed as the unofficial representative…

Analysis of the US-China Trade The U.S. trade deficit has risen more or less steadily since 1992. In the second quarter of 2004, the trade deficit relative to GDP surpassed the 5 percent mark for the first time. Many economists already considered trade deficits above 4 percent of GDP dangerously high. The fear is that continued growth in this external imbalance of the U.S. economy will ultimately spook overseas investors. http://www.americanprogress.org/issues/2004/09/b193700.html The United States…

From the 1970s, there has been a wave of liberalization in China, which was introduced by Deng Xiaoping. This is one of the key reasons to the rise of China to be one of the economic giants in the world. In the last 25 years of the century, the Chinese economy has had massive economic growth, which has been 9.5 percent on a yearly basis. This has been of great significance of the country since it quadrupled the gross domestic product (GDP) of the country thus leading to saving of 400 million of…

Opium and Trade Opium as a topic of discussion can lead to many arguments either for or against the introduction of the drug into the Chinese society. Initially, these opinions began to circulate upon its initial presentation to the people of China in the late eighteenth century and late nineteenth century when its popularity and reputation were rather miniscule and mysterious. On one side, arguments favored its legalization and actually praised its distributors because of the positive impact…

Trade balance: Trade surplus – is the difference between exports and imports. Positive balance occurs when exports exceed imports, and the deficit of it occurs when imports exceed exports (the "minus" sign is used to show that). In April -February 2013/14 FY. , India’s trade with foreign countries has increased in comparison with the same period in 2011/12 FY. by 1.9 % and amounted to 714.1 billion U.S. dollars, while exports declined by 4.0 % (to 266.0 billion U.S. dollars), in the same time imports…

THE REASONS WHY COUNTRIES TRADE: THE BENEFITS AND DISADVANTAGES TRADE RELATIONSHIP BETWEEN KENYA AND CHINA: REASONS WHY THE TWO COUNTRIES TRADE Table of content 1.0 International trade 1.1 Reasons why countries trade 1.2 Benefits of trade 1.3 Disadvantages of trade 2.0 Trade relations between Kenya and China 2.1 Volume of trade between kenya and 2.2Reasons for the Trade relations between Kenya and China 3.0 References 1.0 International Trade International trade is exchange of capital, goods, and…

”Critical analysis of new Foreign Trade Policy 2009-14 of Govt. of India” The Foreign Trade Policy 2009-14 of the Govt. of India is a “holistic strategy, driving export growth to new markets and addressing issues of labour-intensive export and intensive export and transaction cost effectively.” On trade climate and export target The world has not witnessed in the last seven decades a situation as it has been in recent years and it is very important that the Government steps in the act as…

opening of the trade barriers in 1991, the foreign investment inflows have increased enormously. Foreign capital, which actually plays an important role in increasing productivity of labor and accumulation of foreign reserve in developing countries to meet the current account deficit , is consist of foreign direct investment (FDI) and foreign portfolio investment(FPI). Both have worked as an instrument of global economic integration and stimulation. Apart of providing access to the foreign capital FDI…

Chapter 2 International Trade and Foreign Direct Investment True/False Questions 1. The classical international trade theories are from the perspective of a country. True; Easy 2. Trade surplus refers to a situation where the value of imports is greater than the value of exports. False; Easy 3. The economic theory of mercantilism stated that a country’s wealth was determined by the amount of its gold and silver holdings. True; Easy 4. Trade deficit refers to a situation…