The historical relationship between India and China has been ambivalent at best. Plagued by border disputes and economic competition, the countries have long fostered feelings of animosity towards one another. Recently however, both sides have made concerted efforts to improve relations recognizing that coöperation offers economic and political advantages. In May, Indian and Chinese officials issued a joint statement affirming their resolve to further improve their relations through increased economic and cultural exchanges (Bagri). In addition however, India has also called on China to lower their non-tariff-barriers in order to enable India to reduce its growing trade deficit to China (Dasgupta). Although China and India have many …show more content…
Whether or not China is willing to relinquish their barriers that protect domestic industries is unclear and India’s perception of whether or not China will follow through with an agreement to reduce their Non-Tariff-Barriers is critical to any coöperation. If both sides perceive the other as trustworthy and a mutually beneficial option is presented, a deal will likely be made, if not another result could occur. China’s decision could also have ramifications for future business between the countries for if China balks at India’s proposal, it could change India’s perception and lead them to take actions that wean themselves off of Chinese dependence. Coöperation may be difficult to achieve because both agreement and enforcement are necessary. A distributional problem is present because, on one side India believes that China lowering trade barriers would benefit both sides while China is unsure holding the belief that domestic producers and workers could be hurt in the protected industries if the barriers were removed. Furthermore, an informational problem also exists because it is unknown what will actually happened if China agrees to remove their barriers. On one hand it could lower India’s trade deficit, thus allowing the Chinese citizenry access to cheaper goods, but it could also lead to domestic firms shutting down, citizens getting
• When engaging in international trade, China focuses on the business arrangement, not its political implications. Do you think the United States should act more like China, strengthening its economy by fostering mutually beneficial partnerships with foreign countries that do not promote democracy or fair labor practices?
China is both a threat and an opportunity for Australia. Trade and security concerns have both negatives and positives towards Australia’s relations with the Asian ‘superpower’. In recent years we have seen how the relations between Australia and China have changed, through their radically different traditions. This has led to the idea that China is a great resource for trade, it has also led to the idea that China is a large threat to Australia’s security. This essay will discuss the rapid growth of China in recent years compared to Australia’s growth, but also the increasing threat level China poses, and finally the bursts of opportunity China gives to Australia. Overall there is arguments for both sides, China is both a threat and an opportunity
China and India experienced similar economic effects and their reasons for going to war were somewhat the same. To start, in Doc 1 it states that “the economic development of India was stopped and the growth of new
As every day passes China grows stronger in every aspect and eventually they will be knocking on America’s doorstep in each of those categories. Economically, China is closing rapidly, but even the sleeping giant as Napoleon Bonaparte called it, has its limits. To be blunt, China is resource hungry and who knows what their country will do next. With the level of nationalism that their people have, China could go in multiple directions. For example, let us look at both China attempting to exert control over the South China Sea and also with the Senkaku Islands. Both of these areas are becoming more and more hostile, which ultimately could lead to deadly military engagements. With that being said, Blij also proposes an argument that I have been pondering for a while and that is a potential cold war between the U.S.A. and China. On the outside it seems as if there is a potential collision course to that conclusion. However, Blij does offer an interesting solution to this possibility and it is one that I believe should be the strongest takeaway. Blij suggests that trade, scientific, cultural and educational links and exchanges can be the solution to this issue. After all, China is responsible for many of the essential aspects to our life. Therefore, the least we as Americans can do is learn the various geographical aspects that encircle
I agree with the author, because China’s economy has been closely integrated with the world economy, including the United States. On the one hand, it is impossible to destroy the Chinese economy while protecting the American economy and consumers. If a trade
Since the fall of communism in Russia and the end of the Cold War, China started to rise as a significant power and to this day holds the title as the world’s fastest growing economy. With that advancement, China has become an influential global player in international politics and the economy; moreover, causing many countries, developed and developing, to raise a serious level of concern and interest to the rapid development of China. In particular, Canada is now back to establishing to be on better terms with China, after Harper’s playing hard to get approach, we must work even harder in becoming a part of China’s inner circle of trade partners. Moreover, Mr. Harper at first tried an activist approach, criticizing and accusing China of poor
China and India are two of the world’s fastest developing economies and most populous nations on the earth. The question is whether “Chindia” is a friend or a threat to the United States. Together these nations have attributed to prosperity, but are it beneficial or harming to others?
He focuses on China and how it has awakened from its nap and dormancy to challenge the United States. China has slowly modernized itself with gradual reforms and it gains its strength in the form of Confucian ideas of practicality, ethics, and rationality. China also has a non-combative style of foreign policy. Compared to the United States, it does not act as an interventionist demanding reforms. Zakaria also spends time discussing our ally, India. India has a strong regionalist political system placing high priority on regional interests rather than national interests. Some of India’s major advantages are its ability to protect private property, its established rule of law, private sector, and India is home to many smart English speaking businesspeople.
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
The following examines the nation of China and its trade relations with the world, particularly the United States. The focus is primarily on China’s culture and how it impacts business dealings with other countries. Areas examined include: Religion, Management Philosophy, and Business Etiquette. Also discussed is China’s growing status as a world super power and how that has impacted the global business landscape. Likewise, various trading partners are examined and the effects of doing business with China, specifically for the United States. Points of concern for the United States are things such as the
Also, after joining together Arif states that during the 1850’s China and India joined together to form alliances and that ‘’It was due to the synergy between the cultures of India and China that the nationalists and revolutionaries of India and China developed deep mutual contact that turned into friendship amidst their anti-imperialist struggle’’. 8 This reinstates the collaboration agreement between these two empires goes back as for the 18th century.
With economic globalization, international trade is developing and growing at an unprecedented rate. After China joined the WTO, international trade tariffs reduced significantly;many non-tariff barriers were also reduced. However, some countries have adopted some new trade restrictions in order to protect their industries and markets. The ‘green barrier’ policy is a kind of trade protection means which has been frequently used by the developed countries since the 1990s, it has created unequal trade relations for a vast number of developing countries and caused huge economic losses to these developing countries. It has become the new obstacle for international trade. Briefly, the problems are: first, an increase in the cost of enterprises, affecting the international competitiveness of enterprises and second, the implementation of ‘green trade’ barriers hindering the development of the Chinese export trade. This essay will examine these problems in more detail and seek to offer possible solutions.
The rapid rise in economy of China has turned this country into rival of America. However, in an effort to change the trade policies of China, stop military operations reinforce Beijing 's South China Sea from America, but that’s not enough improve diplomatic relations with 11 countries in the TPP agreement. Beijing said the United States is a force only in Asia as they want, while China will forever be a force in Asia. As candid statement of the Prime Minister of Singapore Lee Hsien Loong during his visit to Washington last August, the TPP will "challenge the prestige" of the United States with partners in the region. According to Mr. Li, each nation has faced some opposition political and sensitive issue in the country, pay a political price to get to the negotiating table and signed agreements but finally they cannot receive what they want. Now, United State diplomats do not have what they want in Asia, After the US told the regional partners was signed TPP will strengthen America 's leadership position in the region, the regional partner also concluded to be a waiver of TPP would undermine America 's leadership position and China is ready to be leadership position which vacated this area. In terms of the overall situation of power in Asia, the US withdrew from the TPP, that means United State is bringing the beneficial strategy for China, not only because a trade agreement supported by the United States, U.S foreign policies will be disappear forever
East and west. The relationship between the two has never been truly set in stone. Both Europe and Asia have been through many large-scale power shifts throughout the millennia. Empires have risen – and inevitably been razed. If not by conquerors, then by time itself. These empires were often led by those who yearned to increase their land and holdings, and because of this the tendrils of civilization often stretched to seek uncharted territory. This undying curiosity eventually culminated in what is now referred to as the “Age of Discovery,” which spanned from the 1500s to the 1800s. By the beginning of the 20th century, most of the world’s lands had already been discovered. Trade links between China and Europe had been around since the Hellenic Age. And in the year 1900 it had been 124 years since the founding of the United States of America. Cross the Pacific Ocean, and one would find themselves face-to-face with the United States’ distant neighbor, East Asia. In East Asia, two of the most historically significant nations are China and Japan. For a number of reasons, – which will be detailed further later on – the early 1900s were a somewhat tumultuous time for both of said nations. The 20th century was by and large a time of political and economic power consolidation for both China and Japan. It is arguable that the United States played an integral role in this consolidation. The interactions between the United States, China, and Japan highlight a time when the way that
The events that have taken place over the past couple of centuries, and more so the past decade, have monumentally impacted the relationship between the United States and China for better and for worse. Today, China and the U.S. have evolved into two of the most elite superpowers in the world, and they classify as some of the most prominent leaders in economics, military, technology, and universal innovation. Currently, the United States is just weeks away from electing their next president, cyber-attacks are being investigated exponentially, and the South China Sea Debate continues to be disputed. The outcomes of all these events will undoubtedly affect the relationship between China and the United States for the next 10 years.