Relations Between China And The United States

For the last twenty eight years, China has been quickly growing into one of the largest economies in the world. China has accomplished this feat, in part, by radically changing their policies on trade and free market interactions with other countries. During this process, China has bought approximately one hundred trillion dollars of United States debt in the form of Treasury bills, notes, bonds, and Inflation Protected Securities (Amadeo). This debt has given China leverage against the United States which has enabled China to keep the value of the United States dollar high, while keeping the value of the Chinese yuan low. As the inflation of the dollar continues to negatively affect the

Economy is the main element of every country.It is like a heart for country.It holds the status of a nation.It is mainly the consumption and production of goods and services available in country.It keeps on changing with time.Many country goes under debt with economic change whereas some become the most powerful nation in world.Mostly, China , America and Europe suffers a lot in economic change. My main concern is about the economic development in China and United States of America. These countries have lots of similarities and difference in many aspects.They are at the top of the list in power and wealth as compared to other countries.

In the world today there’s a wide variety of styles of government. Some forms are obtained through brute force and the ill will of dictators. Some are formed from the election of the citizens of a particular nation, for example the United States. The main form of Government that the U.S. takes is representative democracy. This allows the citizens to be represented by a smaller group, which in turn greatly reduces complications when deciding things like voting processes. The other afore mentioned government would be authoritarian government. This would include dictatorships, communism, fascism, and many more. This form allows the government to be in almost or total control of all national process and procedures. Although the two government selections seem very contradictory, they do have some similarities.

Since 1899, America has maintained an open door policy with China. Throughout the years, relations between the United States and China have changed with several effects on both countries caused by the open door policy.

The products of China played a role in the way the United States came about and how their identity was created and solidified. China was seen as influential and beneficial for the Americans through trade and customs that they brought along with them. Some individuals have traveled over to the United States for the Gold Rush and others just wanted a better life for their future and for their families’ future. There were other convincing reasons that pushed the Chinese to migrate away from their hometown into a new environment as well.

The Chinese Six Companies were six companies across the United States which played a major role in the Chinese prostitution and was a key organization for Chinese Americans in 1800s. They original main goal was to help the Chinese come from and return to China, help many corpses shipped them to China for burial and take care of the starving and elder. The Chinese Six Companies also attempted to discourage prostitution in the Chinese community and attempted to limit prostitution in America. Even though their main goal was to help out the Chinese, during the 1880s their outlook complete changed. These Chinese Six Companies saw the benefits of prostitution which they force encouraging and overseeing all the vices associated with the Chinese-American

The FCPA explicitly state that it is illegal for foreign business entities and individuals to engage in unlawful practices that include, making payments to foreign officials in an effort to attaining or retaining business (DOJ.gov, 2016). This is the United States law and holds true for Chinese government healthcare officials who worked under the reformed Healthcare system.

The United States of America and china have very different political culture. They both have many similarities and differences. The United States of Americas politics are based on equality of all people and equality opportunity. China differs in many ways politically but most importantly in equality. China does have most of the same rights but they are not always followed. Most women do not receive the same opportunities and are not treated the same.

The third measurement was interesting masculinity, this one was almost even. China ranked somewhat higher at 66 points in comparison to the United States at 62 points. Having two of the largest countries trying to be the best can be challenging. Both countries want to be successful, I have never witnessed such little diversity in my life as China, during our visit most people found us to be clearly out of towners to the point that they wanted to take pictures with us all of the time. China has an upper hand when it comes to manufacturing since China’s labor is much cheaper than that of United States, this explains why Chinese’s people will typically have a much longer work day.

Culture is the specifications and information about a specific group of people, distinct by everything from religion, language, cuisine, life lifestyle and more. Today, we are living in the world that have thousands of cultures, that we have less information about that. China and the United States are the two large countries in the world that they both have cultures which are good recognized through away the world. There are many differences between China and the United States, however, there are many causal factors that form the culture of these two countries.

Since the fall of the Soviet Union, the Cold War was over, making the U.S. the only superpower left in the world. This has made the international system much more tranquil, and relaxed. The only country potentially powerful besides the U.S., is China. Many Americans fear China, not only because they are communist, but also because of their huge population. Their population is 1.3 billion people, which accounts 1/5th of the world’s population. As one of the only potential superpowers in the world, it would be in the best interest of all Americans if the U.S. and China became allies, instead of enemies. Peace and development, economic prosperity and social progress, are goals that both of

China government give opportunity for invest in the country such as give low corporate tax, directly start the business without any join venture with local partner, government will provide loan facility. If the firm breaks the law and regulations, government can immediately close down the firm.

Many countries with policies similar to China also have high rates of bribery and corrupt bureaucrats. In other, more democratic countries such as the US, starting a business is a simpler process and just requires the right capital expenditures. “Economic freedom is highly correlated with societies’ openness to entrepreneurial activity that creates new jobs and increases opportunity and choice for individuals in advancing their own well-being (Miller, 2011).

1900s China saw a century of fluctuating development and progress, which is recognised through various political, economic and social changes. The early division of the period encountered some change for the country yet this was not as significant as the latter change in which China’s political landscape metamorphosed into one of total contrast to the former. Foreign intervention was of course a reason and usually the root cause for the changes that occurred, particularly in the first half of the century until 1962 whereby there were still some minor influences by the foreigners but other factors seemed to have caused these later changes. It could be deduced that yes, foreign powers did have a significant influence over the transformation

Despite the high levels of corruption, investors do not seem to be deterred from doing business in China. Some believe that corruption acts as an effective “grease” to speed up the many layers of bureaucratic inefficiencies for starting of businesses in China (Meon, Weill, 2008). Furthermore, the policy of regional competition in China has caused the competitive lowering of bribes in order to attract businessmen with a lower “unavoidable cost” of doing business in the region. (Li, Peng 2001). Another reason would be the high predictability of corrupt practices in China (Campos, Lien, Pradhan, 2001), to the extent where investors factor “bribes and gifts” as a portion of their budget. Hence it does not appear as a deterrent to businesses when they enter the market (Dickson, 2008). Corruption due to “Guanxi” is also explained to enhance efficiency, because “Guanxi” contributes to high levels of public trust that encourages business ventures due to the availability of valuable information that reduces uncertainty (Li, Wu