Trade Relations of the US and China in the Last Four Decades

Communication between China and the United States has played a momentous role in the development of both nations for centuries. In class, we’ve learned how nationality, politics, economics and international relations have all come into play when discussing communication between the two powers. However, throughout history we’ve seen how it has been an uphill battle for China to maintain a healthy and productive relationship with the United States, and vice-versa. A number of historical events have been accounted for producing numerous generalizations, creating stereotypes and popular opinions. Ultimately, China and the United States have dealt with a great amount of mistrust and misunderstanding that has been very formative to the nations as we know them today.

At the Twelfth National Congress of the CPC in 1982, Deng stated in his opening speech that "[the Chinese people would] unswervingly follow a policy of opening to the outside world and actively increase exchanges with foreign countries on the basis of equality and mutual benefit,” which meant that Deng was finally allowing China to trade with other nations (Xiaoping). For instance, China and Japan established a trading relationship in 1972, and “[in] 1985, Japan's exports to China (modern plant and technology, machinery, and petrochemicals) had climbed to about 7 percent of Japan's global export trade, whereas its imports from China (mainly crude oil and coal and, later, textiles) amounted to about 5 percent of Japan's total imports” (Reynolds). Even though China was not gaining profit from trading with Japan, the Chinese were gaining new technology, machines, ideas, and concepts that helped expand and modernize the markets and industries within China. These new advancements allowed for the increased rate of the production of goods, and the overall improvement of China’s economy. New goods opened up new markets within China, and this opened up more job opportunities. However, Japan was not the only country that traded with China. The United States and China made trade agreements in 1984 when president Reagan visited China, and in

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.

In the historical reading When America First Met China by Eric Jay Dolin, one could say that the context of this historical reading goes into great depth when explaining the trade networks between China and the rest of the continent, particularly in the Americas right after the American Revolution ended in 1783, in comparison to many other sources that did not go into great depth.

"China is the largest exporter to the U.S. economy in virtually all consumer goods categories. Wal-Mart is the leading retailer in the U.S. economy in virtually all consumer goods categories. Wal-Mart and China are a joint venture. " When trade agreements were signed between the U.S. and China in the 1990s, bringing China into the World Trade Organization, American political and business leaders embraced the idea. China's 1.2 billion people were viewed as an enormous untapped market for American-made goods.

U.S.A started to open the link between China and the U.S.A by sending in a U.S table tennis team in 1971/1972, which can be proved by the “BBC Cold War Programme.” President Nixon then went to visit China in 1972 which was one of the key turning points in China’s relationship with the west. A quote from Nixon “we can not be cut off from a quarter of the worlds population” proves that Nixon and the U.S.A had realised how big China was, and wanted to ally. Another quote from the “Modern World China Textbook” from President Nixon “The U.S and China have no fudamental interests that need to collide.” Proves that the most powerful men in the world were recognising China as an important nation a major power with the world influence!. This was unlike the situation in 1960 when China was open to be exploited by the west. Since the Nixon visit other western leaders that have made frequent visits to China. Trade has developed and tourism is well established. Approximately 120,000 Chinese students studied in the U.S.A since 1978.

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

In 1842, after the end of the First Opium War, with creation of the Treaty of Nanking, Chinese ports were forced to open up to foreign trade. After doing so, the Treaty of Wanghia was made between China and the US, which was the very beginning of relations between the two. It granted privileges to America in China. Even more privileges opened up to America, after, Treaties of Tianjin were signed in 1858. The treaties opened up more ports for trade and settlement for foreign countries. Initially, the United States wanted trade with China because before the U.S., only the British had trade relations with China. When the American China Development Company was founded in 1895, which aimed to gain railway and mining in China, it was sought to provide

In fact, there was so much economic activity driven by China that they experienced a shortage of shipping containers for transporting goods. An important factor that has contributed to their economic rise was a conservative management of their relationship with the United States— this is important, considering that the United States is

The importance the United States attaches to its trade with the Asia-Pacific region has promoted China's economic development. In 2006, the U.S.-Asia-Pacific trade volume reached 2 trillion U.S. dollars. The U.S. investment in the region amounts to 774 billion U.S. dollars, which has brought tremendous benefits to the countries in the Asia-Pacific region including China.

Dear President Brad Bowers, I am sure you are aware of all the current issues that the nation faces. As a Historian, for the Office of the Presidential Council of Historians (OPCH), my duty is to inform you on how historical events can help you understand and possibly solve current issues. The long history of trade between the United States of America and China and the other nations of the South China Sea is well known. In many cases, there have been strong tensions between the countries in this area and the US. The tensions of the past are especially true for relations between China and the US. The relationship troubles have shown up in the news again as recently as Feb. 19th. In an article for USA Today, Thomas Maresca reports that the

The United States and China share the most imbalanced bilateral trade relationship in the world. The United States imports more goods from China than it exports to a tune of $202 billion dollars each year. All told, China alone accounts for nearly 26% of the

Sino-American relations began with the founding of the United States in the late 18th century, during the Qing dynasty. The first representatives of the United States went to China in 1784 on a ship named the Empress of China, landing in Canton. Soon afterwards, in 1785 China, three Chinese sailors became stranded in Baltimore. Since these early contacts the relationship between the two nations has expanded as international and political changes came into being. Today, the relationship is multifaceted with China being the United States’ largest creditor and bilateral relations developing on a personal and governmental level.

On June 18 2004 the US and China reached a landmark air transportation agreement that quintupled the number of commercial cargo flights between the two countries. At that time Fedex and UPS were the only 2 carriers then permitted to serve the vast Chinese market.

China felt that better relations with Japan would be useful, both politically and economically. But Japan would not normalize relations because of its close relationship with the United States and the nationalists. On the economic front, things were different, as trade started to grow. The countries are so close to one another that it made sense. Meanwhile, Japan is still recovering from the war, but is recovering rapidly and becomes an important potential partner for China. In the 1960s the forming of a trade relationship began. The two countries assign some memorandums of