The Accession Of China 's Domestic Economic, Wto, And International Trading Environment

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

By issuing the white paper at such a critical moment in negotiations with the U.S., China has destroyed any chance of free trade with the U.S. or membership in the WTO as far as Congress is concerned. In addition, China deliberately withheld their intentions for a policy shift in Taiwan from a U.S. delegation to China just two weeks ago; the delegation learned of the shift only after they had returned to the U.S. These actions of the Chinese government weren't received well by the U.S. government to say the least. To further add to the tension, China also is trying to play with domestic politics in both countries by releasing their statement a month from the election in Taiwan and in the middle of the presidential primaries in the U.S. They are trying to muscle candidates in both countries to submit to their agenda, a unified China in Taiwan's case, and free trade and WTO membership in the case of the U.S., with the threat of force.

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.

The recent interactions of emerging and established states suggest that the existing standards of the current global economy are shifting. According to Stewart Patrick in his article “Irresponsible Stakeholders? The Difficulty of Integrating Rising Powers,” the United States must accommodate for emerging states within the global economy and refrain from enforcing their values of an open and liberal international economy in order to achieve effective cooperation. Similarly, Andrew Nathan and Andrew Scobell argue in their article “How China Sees America: The Sum of Beijingʻs Fears” that as China gains more influence within the global economy, the United States will have to respond appropriately to maintain its economic values. Both articles ultimately assert that

In our quickly expanding global economy, how states execute trade is more important than ever. Global organizations like the International Monetary Fund are established to help the states trade and regulate trade currencies. These global organizations are not always efficient, and can lead to imbalances in trade currency. “For more than a decade, the U.S. and other countries castigated China for its currency policy, saying the yuan’s level gave the country’s exporters an unfair advantage at the expense of its trading partners (Talley 1).” Since free trade always seems to result in trade deficits that are detrimental to the United States, the discussion should center on correcting the trade imbalance in an effort to have these free trade treaties fairer for all sides by imposing tariffs on China.

Taking this step in concern too, WTO can rule the official ban on the import of Xia goods i the country, as not only it was harming the environment but to the community too that includes animals and humans both. Solving this issue gives the idea that organization does not take the growth or market factor of one country, as WTO has unbiased system, without taking the concerns of GDP of size of a country.

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.

World Trade Organization ( WTO Eng . World Trade Organization (WTO) - an international organization founded January 1, 1995 for the purpose of international trade liberalization and regulation of trade and political relations between the Member States. WTO established under the General Agreement on Tariffs and Trade (GATT) .WTO is responsible for the introduction of new parts as well as enforces the members of the organization of all agreements signed by most countries and ratified by their parliaments. WTO bases its activities on the basis of decisions taken in the years 1986-1994 in the framework of the Uruguay Round and earlier GATT agreements. As of July 2012 , there are different groups of negotiations in the WTO system to address current issues in terms of agriculture, which leads to stagnation in the negotiations themselves .WTO headquarters is in Geneva , Switzerland. WTO chief ( CEO ) - Roberto Carvalho de Azevedo , in the state of the organization about 640 people. On March 2, 2013 the WTO consisted of 159 countries .

While a middle-of-the-road approach that both supports and contains China may be flawed, it is the best approach to create a thriving global system. US policy should be to engage with China on mutually beneficial endeavors while putting diplomatic pressure on China to be an active member in international institutions and agreements. The US should pinpoint issues on which China’s greater integration into the global system aligns with China’s changing goals. This should be consist of the United States determining where China can alter its practices for mutual benefit and act as a constructive global citizen. While engaging China, the US should also keep a security presence to dissuade China from exerting power over neighboring

The relations between China and the United States have considerably evolved since the end of the two Wars, and especially since 1978, when Deng Xiaoping gained a de facto leading position in China, taking the country out of isolation and introducing it to modernity and globalization. Since then, China and the United States have undergone through periods of antagonism and collaboration. After a long era in which the US dominated the international system as a hegemonic power, China started to rise and to gain more and more importance and influence, especially in the global economy. According to the International Monetary Fund, the US is still the country with the highest level of GDP, followed by the European Union and China. However, the facts that China is as the second largest economy in the world, as the World Bank’s estimation demonstrates, and that it is the main actor in East Asia, are all sources of alarm for the US, which assists to its hegemony being compromised by China’s rise. In particular, the US is very much engaged in trying to prevent and delay the ascendance of the Chinese power in the international system, which has seen China getting involved in new global challenges – climate change, international security, protection of human rights, etc. – and has caused the emergence of new issues such as the South China Sea dispute or the contrast between the TPP and OBOR initiative, as well as cooperative agreements between the two super powers, such as the expansion

WTO function To join WTO is an international status for smooth trade. Even though WTO judge fairly to solve the dispute, it does not well function to provide entire solution. The most critical point is that WTO can do nothing to impose their ruling to the disputed countries even if those countries never agree or accept it. Only thing is that under ruling the country has a right to make a sanction to another on one-on-one level. However the contemporary international organizations have a common problem. WTO only replies on each country’s political decision in the end. WTO should have more effective function to force their ruling to the country, such as administrative litigation. 4. Segment analysis

In this case study, we will attempt to answer what measures China took in preparation for acceptance into the WTO and how it adjusted to its eventual admittance in December of 2001. We will also review some of the problems associated with China’s economic growth strategy.

The People’s Republic of China (PRC) has become more integrated and willing to cooperate within the global political and economic systems than ever in its history. However, there is growing apprehension in the Asia-Pacific region and the U.S. in regards to the consequences of rising in economic and military power in China. Descriptions about Chinese diplomacy in the policy and scholarly are less positive lately concerning China’s obedience to regional and international rules. There was little debate in the U.S. and elsewhere in regards to whether China was or was not part “the international community.” Scholars and experts in the early 1990s have contended

Since World War II, International trade has gained a rapidly increasing speed due to sustained and high-speed economic development in the world. In other words, countries’ degrees of openness and total volumes of import and export have enormously increased. In this paper, I will focus on the effects of accession to the WTO on textile trade between China and U.S, test comparative advantage theory (the main idea is that, under some conditions, when two countries start free trade, a country will produce and export the good which is in comparative advantage due to lower opportunity cost). Because of textile industries’ labor-intensive property, as the country with the largest amount of labor force, China is likely to have a comparative advantage in textile production. Therefore, it can be reasonable to conjecture that an increase in China’s export of textiles would occur after trade barrier eliminations on account of its WTO membership. In order to test my predictions, I will use regression analysis to test several variables such as Balassa Index (measure comparative advantages), Openness Index and total volume of textiles trade, then explore whether the WTO membership influences textile trade between these two countries.

From Albania to Zimbabwe, many countries have become involved in the World Trade Organization over the years. Any state or customs territory having full autonomy in the conduct of its trade policies may become a member of the WTO, but all WTO members must agree on the terms. This is done through the establishment of a working party of WTO members and through a process of negotiations. All members have joined the system as a result of negotiation and the membership means a balance of rights and obligations. They like the ideas that other members give to them and the security that the trading rules give in. In return, they had to make understandings to open the markets and to go by the all the rules. Those commitments were the outcome of the membership decisions. Countries going through membership are WTO observers. Article XII of the WTO Agreement says that joining to the WTO will be on terms to be agreed between the government and the WTO. Joining the WTO is a process of negotiation, slightly different from the process of joining other international trades.