Doing Business With China
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One of the most hotly debated questions of the late 1990s has been the issue of whether or not the United States should continue to pursue trade with China. On the one hand, there are those who have argued that China's record on human rights, coupled with its former military adventurism in Asia and the Pacific Rim, should eliminate China as a trading partner until such time as she restructures her policy in these areas. On the other hand, however, are ranged those advocates of trade who strongly believe that China must be included in any movement toward globalization if such an effort is to be successful. This brief essay will consider the question of whether or not "doing business" with China should or should not be undertaken; it will argue that China represents far too valuable a market to ignore, and that the most opportune approach to ameliorating human rights and other violations in China is through the establishment of a new level of contact between democratic nations and China herself. Those who argue against doing business with China, or allowing China's current designation as a "most favored nation" to be renewed, do so from the position of moral as well as political imperatives. "Most favored nation" status, as accorded by the United States to its trade partners, is a favorable designation of a foreign country as deserving (or in need of) specific trade concessions and assistance. It has been positioned as a means of not only a
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s on such matters as child labor laws into their framework; these mechanisms can do a great deal to foster positive change on critical matters such as this. With needed trade and foreign investment as the "carrot," the regulatory framework of WTO becomes the "stick" that can bring about positive improvements in China's human rights record.
While it would be inappropriate to deny the validity of the human rights issue as a factor impinging upon trade and other types of business with China, it is equally inappropriate to overlook or to deny the economic realities of the new world order. The world is moving to globalization of its economic system; the old national boundaries and barriers are being eliminated as markets become open and free to outside investment. Europe, for example, is rapidly moving (despite enormous political and national differences) to a single currency unit, the "euro." Many of the formerly closed markets of Eastern Bloc nations are now aggressively pursuing the development of free market economies, while also searching for investment capital from abroad to develop those markets. Even Japan, because of its economic instability, is reducing some of its protectionist policies in order to receive the support i
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Some common words found in the essay are:
Pacific Rim, Third World, Organization WTO, Eastern Bloc, Europe United, Guard Chinese, Business China, Recently China, human rights, business china, industrialized world, doing business china, doing business, technology transfer, record human rights, record human, china represents, favored nation, free market, china's record human, china's record,
Approximate Word count = 1280
Approximate Pages = 5 (250 words per page)
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