China's Contributions To America

The United States is the most open market in the world, with the annual trade volume more than 1,100,000,000,000 U.S. dollars. The United States is China's major trading partner. Now the total volume of products that are made in China importing into the United States is more than 100,000,000,000 U.S. dollars. These products are consumer goods, mostly through a number of intermediate links into the United States. Many Chinese factory productions and the market are out of touch. They lack understanding of the international market, which requires enterprises to know more about the international market.

I agree with the author, because China’s economy has been closely integrated with the world economy, including the United States. On the one hand, it is impossible to destroy the Chinese economy while protecting the American economy and consumers. If a trade

The products of China played a role in the way the United States came about and how their identity was created and solidified. China was seen as influential and beneficial for the Americans through trade and customs that they brought along with them. Some individuals have traveled over to the United States for the Gold Rush and others just wanted a better life for their future and for their families’ future. There were other convincing reasons that pushed the Chinese to migrate away from their hometown into a new environment as well.

China’s economical strength comes from its international trades as the economy has grown to a rate of 10.3% in 2010. It has become the world’s largest exporter in the global economy. In the

Chinese-Americans have been an important part of our American society since they emigrated from their homeland of China. They are the largest group of Chinese people outside of China and they make up 25.9% of our Asian immigrants and 1.2% of our American population as of 2010. The cities with the highest percentage of ethnic Chinese in the U.S. are San Francisco (21.4%), Honolulu (10.2%), and Oakland (8.7%). They are one of the top earning groups in America and have higher average scores on tests like the SAT and ACT than the average American. They have made important contributions such as building the western portion of the Transcontinental Railroad and sharing agricultural expertise in California.

Chinese trade is important to the United States in that we receive most of our imports from China.

Every year millions of Americans spend a good portion of their hard-earned dollars on Chinese products. Low-cost goods are appealing to consumers. Many of those consumers have no idea how these affordable foreign products impact America and the people who live and work there. As a consumer, supporting one’s own country is desirable. Every American family can benefit from purchasing products that were manufactured in the good ole US of A.

Over the past decades, the Chinese and United States economies have been in competition with each other, revealing several similarities and differences between the two. One may believe, with the given information, that the similarities outweigh the differences, such as how they are the two largest economies, both are very focused on education, and how individuals may conduct their own sales with government overseeing. It is no coincidence that the United States and Chinese economies exhibit many similarities. One is that they are currently the two largest economies in the world, the Chinese just recently surpassing the United States.

The author demonstrates a well written engaging argument explaining the key points in the disparity of bilateral trade between China and the US. Meanwhile, discussion on key aspects of reasoning is lacking with emphasises on developing several points rather than expanding on thought provoking discussion. Noteworthy improvements can be ensued to make the article deep in analysis and so warrant publication.

The rapid rise in economy of China has turned this country into rival of America. However, in an effort to change the trade policies of China, stop military operations reinforce Beijing 's South China Sea from America, but that’s not enough improve diplomatic relations with 11 countries in the TPP agreement. Beijing said the United States is a force only in Asia as they want, while China will forever be a force in Asia. As candid statement of the Prime Minister of Singapore Lee Hsien Loong during his visit to Washington last August, the TPP will "challenge the prestige" of the United States with partners in the region. According to Mr. Li, each nation has faced some opposition political and sensitive issue in the country, pay a political price to get to the negotiating table and signed agreements but finally they cannot receive what they want. Now, United State diplomats do not have what they want in Asia, After the US told the regional partners was signed TPP will strengthen America 's leadership position in the region, the regional partner also concluded to be a waiver of TPP would undermine America 's leadership position and China is ready to be leadership position which vacated this area. In terms of the overall situation of power in Asia, the US withdrew from the TPP, that means United State is bringing the beneficial strategy for China, not only because a trade agreement supported by the United States, U.S foreign policies will be disappear forever

As the largest importer of Chinese goods most of the local U.S companies rely on these imports for doing business. They import spare parts, automibles, manufacturing goods, appliances, electronics and building materials just to name a few. If Chinese imports are stopped the economy of both countries would be ruined as well as the world’s economy. In order to minimize the amount of imports coming in from all other countries the U.S government would have to change the regulatory trade restrictions that are presently in place by increasing taxes and quotas. This would not be in the best interest of the U.S economy. We rely heavily on imports. If we do this, the other companies would retaliate. The Smoot-Hawley tariff was tried in 1930 when tariff on imported goods was raised to an average of 60% . As a result, trade wars ensued and the international trade plummeted from $60 billion in 1928 to $25billion in 1938. In 2002 President George Bush imposed a 30% tariff on imported steel, the EU countries, Japan, and China retaliated with threats of $335million worth of tariffs on U.S imports

The foreign trading relations between the United States and china have had massive impacts in the American market. To start with, the steady rise of china are attributable to her trading activities with the United States, there has been a constant increase in trading volume between the two nations, which reached $211.6 billion in the year 2005. This is over eighty times more than the trading activities in 1979 when the two countries engaged in normal trading activities (Amadeo, npag). The trading activities amounted to $2.4 billion in the year 1979. The United States in the top destination of most of the exports from China, on the other hand, the Chinese also buy more goods from the United States. This led to the rise of US exports to China by 21.5 percent between the year 2001 and 2005 (Amadeo, npag).

On May 4, the United States and China signed a 10 point trade deal which includes “recognition of the importance of China’s One Belt and One Road (OBOR) Initiative” by the United States and decided “to send delegates to attain the Belt and Road Forum in Beijing.” The United States official policy towards China is “to build a positive, cooperative, and comprehensive relationship by expanding areas of cooperation and addressing areas of disagreement.” Even, China’s policies and actions in the East Asian region are conflicting with U.S. interests; it is cooperating on the global stage, hence according to Secretary Tillerson, the relationship between US and China will “continues to grow and mature.”

Growth in exports and Foreign Direct Investment (FDI) was extremely important to China’s economic success. During Mao’s last years in power, China was inaccessible to the outside world and this was costing the country growth-wise. Other countries such as Japan and Hong Kong were experiencing rapid growth from exports as shown in Exhibit 6, and China wanted to follow in their footsteps. The country has hard-working and educated people who could help make this a reality and Deng knew this was the next step in helping the country to be among the most advanced and most improved4. The United States has always been a wise contender and is always looking for ways to better its

China is one of the biggest markets in the world. China’s immense diversity, complexity, variety & immense competitive intensity are unrivalled in the world. China’s historical development, political structure, climate & its foreign relation influence its economy & foreign trade. China’s