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?
Chindia can pose many threats to surrounding nations and competitors. China is taking dominance as becoming the world exporter. With all of their products they are able to offer lower prices and beating out many other industries. India is able to produce products at cheaper costs and provide cheap labor. Their textile industry is a prime example. Many of the products needed for their textile industry are produced in their own country so little is imported. They are able to produce products faster because the materials are local and there is no need to wait for imports. The products are produce cheaper because of cheap labor, and there is no need for storage costs because very few goods are imported. When it comes to producing goods cheaper, offering lower prices to the consumers, and becoming a world exporter, Chindia is the leader.
Together China and India attributed to prosperity and there are mutual economic benefits. Both countries have formed stronger economic bonds. They have openly cooperated with one another in multi-lateral trade negotiations. As emerging economies continue to grow, there may be a further decline in the share of world output and world exports accounted for by the
The world trading system would clearly be affected by such a development. Currently China enjoys a somewhat privileged status within the World Trade Organization as a ―developing country. Such a rise to eminence, however, would clearly force it to become a full and equal member, with all the rights and responsibilities. China would also be in a position to actively affect the terms of trade between many countries. On the monetary front, one would expect that China would have to have
Second, China is facing strong competition in low-end manufacturing, like Mexico, Cambodia, Laos, India and Vietnam. Asian countries like Cambodia, Laos, India and Vietnam have a lower living cost than China and Mexico has geographical advantage since it is closer to America. And fast-paced inflation, the increasing cost of raw materials, the rise of wages and other costs have pushed China to a less competitive position.
In the first three chapters of This Brave New World by Anja Manuel, Manuel focuses primarily on the economic structure of both India and China and how their future struggles or feats could benefit and/or damage the United States. Manuel depicts how the United States must continue their relationship with both countries with a very strategic and patient mindset in order to avoid future chaos. As China and India become increasingly large and powerful economies, the United States could either become a target or an ally. Manuel even projected that by 2030, Asia will surpass the combined power of North America and Europe (2). As these calculations increase, India and China will become increasingly capable of dictating important global decisions such
And with this strong role China has been assuming, so has it been getting stronger by building military equipment competitive with those of the U.S. and drawing narrower a military gap it once possessed when compared to America’s armed forces. Furthermore, China has “displaced the United States as the world’s leading manufacturing nation” in 2010 (US Foreign Policy, pg. 414). Not a surprise since a majority of products purchased in the U.S. carry a label stating, “Made in China.” And predictions hold China as the world’s largest economy by year 2041 (US Foreign Policy, pg. 415). Thus, the fact that China has become an emergence matters. Since the dismantled of the Soviet Union, the U.S. was not challenged, when it came to power by any other competitor, however now, the U.S. dominance in international politics has to deal with a China that has the capabilities to lead the world’s economy.
For example, in the aspect of China’s economy, the country is becoming more economically active with other countries. China currently holds 1.8 trillion in foreign exchange reserves; these foreign exchange reserves come from their exports. (Lotta 36) The United States alone receives the most goods from China as opposed to any other country. With China leading in its exports, the country’s current holdings have become a leverage in today’s world economy. The rapid development of capitalism in the country will pose a threat to the powers of the United States. Ultimately, this will bring about conflict among China and the United States; China’s rise will undermine the United States’ unipolar moment, and will give China the upper hand when it comes to international relations. Resulting from this, there would be conflict over the international rules and regulations. In short, as of 2008, China’s participation in world affairs has increased, thus, allowing their economy to flourish; as this happens, China will have an opportunity to shift the laws of international affairs in their favor, and this will lead to Western powers being unsatisfied. Therefore, tension among Western order and Chinese order will prevail.
We know that nothing in life comes for free, and for China and India the situation is the same, after a closer look at this two nations we can observe that they have chosen different paths in the race for the number one economic power, China and their communist regime appears to look like a Lego construction with a new factory or a new building appearing every day, with amazing infrastructure that impresses and shows the power from the first look, and India a democratic country with a disastrous infrastructure and many birocratic bumps. For China the alarming pace of evolution has created a big camp of people that don’t agree with the way China has chosen to expand, many people saw their houses torn apart in order to leave space for new factories, and even if they were compensated with a new home in the new apartment buildings created, the idea off seeing how their history is destroys has left them with a bitter taste. Also one of the biggest problems for China and India is the effect of waste disposal, most Chinese or Indian factories create a devastating effect on the environment, and yearly this nations encounter 1 million premature deaths attributed to pollution, 30 million people are projected to be infected with the HIV virus, 200.000 Chinese die from TB, also military tensions in both countries, or another
Liu's (2012) article for Time magazine, entitled, "Why China's Rise is Great for America" was triggered by his having encountered a book called Becoming China's Bitch. Liu (2012) expected a "xenophobic rant" about the "sinister, relentless yellow horde" but instead read "a squishy pile or moderate policy recommendations," (p. 1). The topic of China's economic power and its relationship to America's dwindling political and economic clout is one of the most topically relevant. Liu (2012) talks about America's "profound problems" including a "faltering educational and physical infrastructure," (p. 1). China has its own problems, notes Liu (2012). Both countries are now enmeshed in a codependent or mutually interdependent, to put a positive spin on it relationship. The author notes that whereas once the discourse included fearful references to the Communist threat; that now the literature is filled with talk about the decline of the USA.
Spanning over the last few decades, China’s economic rise seems nothing short of a phenomenon. The country has flourished – growing from being impoverished to what is now the world’s second largest economy. Many analysts describe this massive rise in such a short time span as “one of the greatest economic success stories in modern times.” (SOURCE) As China’s gross domestic product (GDP) rapidly escalates, Western countries are in fear of China soon becoming the world’s largest economy. However, with the help of penetrating evidence, the myth of China as being a threat to the United States’ economy is debunked in Peter Nolan’s Is China Buying the World?. Published in 2012, Nolan, an international expert on China’s economy, analyzes China as
While there are some irritants in China-U.S relation, there are also many stabilizing factors. The PRC and the U.S are major trade partners and have common interest in the prevention and suppression of terrorism and preventing nuclear proliferation. China is also the foreign creditor; China’s challenges and difficulties are mainly
The cold war was a large period of political tension between the two great powers of the time and its allies (United States of America and NATO, USSR and the communist states). It was a clash of ideologies as well as of Nations, with both countries trying to expand and consolidate their way of governing and living. The end of the cold war in 1991 signaled a victory for the USA and its allies, the Soviet Union fell and therefore so did communism. At the time the victory seemed final: The West was left unrivaled economically, politically and militarily. It seemed as if the new millennium was going to be an era of expansion and consolidation of western influence and values. The events of the last 25 years have, however, suggested otherwise. In particular, it’s the rise of China and India that has raised eyebrows. In 1991 their respective GDP’s were $415,603 million and $274,842 million, putting them 10th and 16th in the world at that time, since then their exponential growth has made them the world’s second and seventh largest economies (www.imf.org, 2016). This has led some to proclaim that we are now in the Asian Century.
The overwhelming turmoil present in today’s Middle East has altogether drawn American attention away from its more developed, albeit more quiet opponents. Although the political waters of the Far East are currently placid, the foreign policies of both China and the Democratic People’s Republic of Korea present a startling threat to the modern balance of international power. While China and the DPRK are remarkably different, it is the possible unity between the two that could, if properly fostered, make Asia a sphere of the globe inhospitable to the American identity. The two nations pose very different threats to the US. China’s threat is primarily an economic one. The IMF predicts that China’s GDP will overtake that of the US as soon as
Assessing China as a whole could become a rigorous challenge, but for the purpose of this paper, certain areas will be analyzed. The First topic of interest is China’s significance to the United States (U.S.), most notably, China’s economic influence and partnership with the United States. When mentioning China’s significance, China’s vast standing army of 2.3 million, with millions more available for service must receive attention. The next portion of this look into China will involve a synopsis of threats to and from China and the threats justification with possible immediate and future implications.
The relations between China and the United States have considerably evolved since the end of the two Wars, and especially since 1978, when Deng Xiaoping gained a de facto leading position in China, taking the country out of isolation and introducing it to modernity and globalization. Since then, China and the United States have undergone through periods of antagonism and collaboration. After a long era in which the US dominated the international system as a hegemonic power, China started to rise and to gain more and more importance and influence, especially in the global economy. According to the International Monetary Fund, the US is still the country with the highest level of GDP, followed by the European Union and China. However, the facts that China is as the second largest economy in the world, as the World Bank’s estimation demonstrates, and that it is the main actor in East Asia, are all sources of alarm for the US, which assists to its hegemony being compromised by China’s rise. In particular, the US is very much engaged in trying to prevent and delay the ascendance of the Chinese power in the international system, which has seen China getting involved in new global challenges – climate change, international security, protection of human rights, etc. – and has caused the emergence of new issues such as the South China Sea dispute or the contrast between the TPP and OBOR initiative, as well as cooperative agreements between the two super powers, such as the expansion
In the past decade, China has proven their potential to be peaceful in their rise to power. The United States was acknowledged as one of the leading world powers in the late 19th century, following the Cold War. This power came to be as a result of significant domestic industrialization and widespread international influence. However, China’s case is a bit more complex. It’s rise to power was marked by the Communist Party’s completion of its sixth 5 year plan in 1982. Despite the country’s rapid development, much corruption and violence had occurred in its beginning years. Still, China will likely not repeat the same mistakes and will avoid international conflict in its advancement. This can be predicted by examining the country’s current economic growth, stable relationships with trading partners, and their keen focus on keeping citizens satisfied with the government.
If you input “China’s GDP” by using a Google search, the first result jumps into your eyes should be a chart presented by World Bank, which indicates how dramatically the economy has grown in China from 0.10 trillion dollars in the year 1960 to 5.93 trillion in 2010. As Professor Stephen S. Roach wrote in his article ‘10 reasons why China is different’, China’s economy has made a break-through indeed due to its tremendous changes and unremitting efforts among: “strategy, commitment, wherewithal to deliver, saving, rural-urban migration, consumption, services, foreign direct investment, education and innovation. ”(Stephen S. Roach ,10 reasons why china is different )So many cases illustrated how China’s