Politics of China
What is the debate on weather or not China should retain favored-nation trading status all about? Is it really a decision on what is best economically for the United States, and China. Or is it: the issue of Chinese human rights violations and the fact that if the United States where to revoke the favored nation status of China it would have a profound negative impact on the U.S. economy alone. (+)Most-favored-nation trade status started in the United States as a version of the European preferential trade system. The Carter Administration first granted most-favored-nation trading status to China in 1980, following the historic efforts of President Nixon during the 1970’s to restore diplomatic ties. Historically, a significant difference existed between the unconditional most-favored-nation clause in European trade law and the American version of conditional most-favored-nation. Under unconditional most-favored-nation status, one country's extension of tariff concessions guarantees the same concessions to all nations associated with it through commercial treaties. American conditional most-favored-nation status provided treaty signatories only the opportunity to negotiate most-favored-nation status when most-favored-n
(-) Other concerns about future dealings with China have also arisen. The United States has voiced its concerns in recent about China's missile and nuclear proliferation activities. These concerns led the United States to limit United States exports to China of supercomputers, satellites and parts, and missile technology. Why is our most favored trading partner-stockpiling weapons? For what reason is China moving nuclear related materials and technology to Pakistan? Needless to say these were some very unsettling events that took place in the early months of 1996. Actions likes these could very well be reason alone for China to lose its most-favored-nation trade status. But yet they were allowed to keep it. I do not know which of the three above ideas is the best, but I do have a very interesting thought about the first one. If the United States is going to stand by and let China break the agreement that we have set then what is the point of having these rules or laws in the first place? If we can accept the fact that China is breaking our laws then we can also understand that this behavior can very well lead to a state of anarchy and lawlessness. These are all things that are breed by a lack of law, and also facilitated by a lack of proper enforcement of our current laws. This is a warning also for the future as we show China that the United States will not stand for the flagrant breaking of its laws. In conjunction with the 1994 annual renewal of China's most-favored-nation trade status, United States President Clinton prohibited the importing of arms and ammunition from the Peoples Republic of China. These are only some of the many economic restriction that have been placed against the People’s Republic of China. Talk about a very complex system of checks and balances, used to keep the economic practices of China under control. China will likely prove to be a significant market for the U.S. in the future. China is one of the world's fastest growing economies, and with its efforts to reform, improve, and modernize its economy could come a significant increase in demand for imports. Infrastructure development, in particular, has been made a major priority, and the Chinese government has also announced that foreign firms will be allowed to participate in a wide variety of projects. This is very important to the United States because it mean that there is for the foreseeable future a market for their goods and services in China. Also as a result of the most-favored-nation trade status that China currently holds it makes the opportunity for international business ventures there even that much interesting because of the possibility of high profits.
Some topics in this essay:
Carter Administration,
Customs Service,
China American,
China Evidence,
Hong Kong,
President United,
President Nixon,
United China,
United States-China,
China Decisions,
trade status,
most-favored-nation trade,
most-favored-nation trade status,
china’s most-favored-nation,
most-favored-nation status,
status china,
china’s most-favored-nation trade,
united customs,
forced labor,
textile apparel,
united customs service,
china's most-favored-nation,
placed china,
china's most-favored-nation trade,
trade status china,
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Approximate Word count = 3433
Approximate Pages = 14 (250 words per page double spaced)
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