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Most-favored-nations Trade Status with China

n such imports because of the way the goods are produced. The Administration (first that of Bush and now that of Clinton) feels not only that trade is a way of gaining influence but also that some leeway must be given for cultural differences.

The U.S. has ties with other countries in the region as well, and these ties have been cited by both proponents and opponents of MFN as reasons for either keeping or changing the policy. One of the most significant regions is that of Hong Kong, slated to become part of China once more in 1997. The United States is the largest foreign investor in the manufacturing sector for Hong Kong, accounting for 31 percent of total investment. Some 18,000 Americans form an expatriate business community that is even larger than that of the British, and it grows by at least 1,000 Americans each year. The concern over 1997 stems first from the fact of the return of Hong Kong to Chinese control and second to the crackdown in the People's Republic of China against the demonstrators in Tiananmen Square in 1989, causing man

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Most-favored-nations Trade Status with China. (1969, December 31). In LotsofEssays.com. Retrieved 09:41, May 18, 2024, from https://www.lotsofessays.com/viewpaper/1684304.html