Introduction Sino-U.S trade relationship becomes a main concern as it shows economic interaction between the world largest economy and the second largest economy. After China joined World Trade Organization (WTO) in 2001, there is a sharp increase in economic performance. Therefore, the Sino-US trade relation from 2001 to 2011 will be explored in the following sections. Generally, Sino-U.S relationship is peaceful in terms of interdependence liberalism. In terms of Marxism, it is an asymmetrical relationship. Application of Interdependence Liberalism in Sino- U.S. trade relation Interdependence Liberalism Karrbo and Ray (2010) define Liberalism as “a theoretical perspective emphasizing interdependence between states and sub-state actors as the key characteristic of the international system” (p.6). International affairs are applied by strong faith in reason and rational principles (Toru, 2013). Long run cooperation is preferable because of mutual interest (Toru, 2013). For Interdependence Liberalism, it is believed that interdependence reduces inter-state conflict. During the process of modernization, the level of interdependence increase. Trading increase interdependence among state that economic interdependence leading to political integration and peace (Toru, 2013). The costs of using force increased and the benefit decreased that military force become a less useful instrument of policy (Toru, 2013). States are more concern with economic and social affairs. They cooperate together to achieve some goal. The economic dependence between international actors is mainly reflected in the volume of trade between the actors, the number of foreign investment, import and export accounted for the proportion of GDP, net capital flows amo... ... middle of paper ... ...of the wages. Labors need to work under military management. They are suffered from high pressure. Therefore, there a more than 20 workers committed suicide these years (SACOM, 2011). From the evidence mention above implicates Sino-U.S trade relationship is asymmetrical. China cannot get sensible return under U.S lead world-capitalist system. Upward mobility is reduced which limits development of China. Conclusion To conclude, Sino-U.S relationship is a peaceful. But world capitalist system creates core-peripheral relationship which makes U.S is on the higher stage while China is on the lower stage. China is unable to deal with it. This causes conflicts between China and U.S. However, under the prevailing world trend of pursuing peace, Both China and U.S will try their best to deal with economic conflicts by soft means. Status of China will be improved in future.
Moreover, economic interdependence promotes peaceful trade between countries since it is beneficial and avoids war at all cost. For example, “China’s economy is thoroughly integrated in this complex interdependence global economy,” thus it would be suicidal for China to start war (Wong, The Rise of Great Powers, Nov.18). China free trades with the Association of Southeast Asian Nations (ASEAN) and has developed a profitable relationship that led to trade surplus (Kaplan, pg.3). As a result, starting conflicts with the ASEAN will threaten the Chinese economy because it will drastically impact free trade and will cause a downfall in profits. The possibility of war between China and United States is remote because China would rather benefit from resources such as, security, technology, and market that United States provides (Wong, The Rise of Great Powers, Nov.18). Although economic power shifts to China, United States provides security because it has always been the dominant hegemony; therefore, it has a better and powerful economy (Green, pg.34). It is evident that China’s economy is rapidly increasing, but it still has no interest in being the head hegemony and therefore does not challenge United States. That being said, countries choose to avoid conflicts with United States or their trading partners since it will negatively impact their markets and investments.
In the late 1970s, the USA established full diplomatic relations with China and terminated the mutual defense treaty that the USA and the ROC had signed in 1954. Also, the US opened its markets, and continued to restrict the export to China of technologies having possible military uses. But 1982, Chinese began to distance themselves from the USA to imrove their relations with the Soviet Union. But only a year later, after a substantial loosening of US restrictions on exports to China, the relationship between China and the USA began to improve again.
The United States and China share the most imbalanced bilateral trade relationship in the world. The United States imports more goods from China than it exports to a tune of $202 billion dollars each year. All told, China alone accounts for nearly 26% of the United States' $725.8 billion trade deficit. “Increasingly, this imbalance has been the subject of a major political backlash within the U.S. congress, where some have charged that the US is destroying its industrial base to support a communist country's industrialization." http://worldnews.about.com/od/china/a/china_trade.htm
Bearing in mind that the threat of China’s dependency on imports of natural resources has the potential to threaten the official ideology of Confucianism, the real threat is to the interests of the state and the Communist Party of China, because the future of the party and stability of the country is dependent on the continued growth of the Chinese economy. Maintaining the flow of raw materials is the main objective of the PRC because without them the economic engine of the China would be at a stand still, which has the potential to be seen by the people of China as a weakness and flaws in the current governing system. China should continue developing trade relations and international connections because the PRC has been remarkably successful in creating a network of countries who will be loyal in business and political reform. China has has a strategic focus on building relations with nations whom America is not keen on. This has also perpetuated the realization the the Chinese system of governance provides a second option to the ‘Western Consensus’, as a viable means for successful economic growth coupled with strict government control. China must operate multilaterally to continue the trajectory of relation and loyalty building in other countries. This will assist china with the key pillar goals of, building a comprehensive national power; advance incrementally in order to consolidate a position of strength, and maintaining stability, and with the objective that China will be in the position to continue imports of raw material to Chinese industry in the event of a sea trade embargo from opposition countries like the United...
In order for countries to cohesively overcome international barriers, frameworks of ideal political standards must be established. Two of these frameworks constantly discussed in international relations are the theories of Neo-realism and Liberalism; two theories with their own outlook at the way politicians should govern their country as well as how they should deal with others. Neo-realism lies on the structural level, emphasizing on anarchy and the balance of power as a dominant factor in order to maintain hierarchy in international affairs. In contrast, Liberalism's beliefs are more permissive, focusing on the establishments of international organizations, democracy, and trade as links to strengthen the chain of peace amongst countries. Liberalism provides a theory that predominantly explains how states can collaborate in order to promote global peace; however, as wars have been analyzed, for example World War II, the causes of them are better explained by Neo-realist beliefs on the balance of power and states acting as unitary actors. Thus, looking out for their own self interest and security.
The relationship between America and China became very strained during this time. But things were ok before tension started. Mostly trade was effected but things are resolved now. A group called the “Fly Tigers” assisted the Chinese is the war against Japan also sending almost 100 fighter planes to assist. (Keesee 491) Both China and America agree that the relation between the countries are in the interests of the world.
From the 1970s, there has been a wave of liberalization in China, which was introduced by Deng Xiaoping. This is one of the key reasons to the rise of China to be one of the economic giants in the world. In the last 25 years of the century, the Chinese economy has had massive economic growth, which has been 9.5 percent on a yearly basis. This has been of great significance of the country since it quadrupled the gross domestic product (GDP) of the country thus leading to saving of 400 million of their citizens from the threats of poverty. In the late 1970s, China was ranked twentieth in terms of trade volumes in the whole world as well as being predicted to be the world’s top nation concerning trading activities (Kaplan, 53). This further predicted the country to record the highest GDP growth in the whole world.
To define any perspective in International Relations, one must understand its’ origin and primary authors, including the context in which they were writing in. Liberalism is one of the more loosely defined perspectives as it has had a number of authors throughout history. Primarily, liberalism relies on the positive aspects of human nature. One of the most prominent liberal authors was Kant- who often wrote of the anarchical nature of international relations- referring to it as “the lawless state of savagery.” He also wrote of three primary routes to obtaining peace within this system, namely treating all aspects of human life with humanity, allowing for a federation of states and most importantly republican constitutionalism.
China has also expanded their trading industries with countries such as South Korea, Japan, Taiwan, ASEAN, India, Russia and Hong Kong. This has not satisfied the Chinese greed for income as they also export and import goods to American countries, name...
Since the initial warming of U.S.-China relations in the early 1970’s, policymakers have had difficulty balancing conflicting U.S. policy concerns in the People’s Republic of China. In the strange world of diplomacy between the two, nothing is predictable. From Nixon to Clinton, presidents have had to reconcile security and human rights concerns with the corporate desire for expanded economic relations between the two countries. Nixon established ties with Mao Zedong’s brutal regime in 1972. And today Clinton’s administration is trying to influence China’s course from within a close economic and diplomatic relationship.
To start, Liberalism traces its roots back to the Enlightenment period (Mingst, 2008) where many philosophers and thinkers of the time began to question the established status quo. Such as the prevailing belief in religious superstition and began to replace it with a more rational mode of thinking and a belief in the intrinsic goodness of mankind. The Enlightenment period influenced Liberalism’s belief that human beings are thinkers who are able to naturally understand the laws governing human social conduct and by understanding these laws, humans can better their condition and live in harmony with others (Mingst, 2008). Two of the most prominent Liberal Internationalists of the Enlightenment period were Immanuel Kant and Jeremy Bentham who both thought that international relations were conducted in a brutal fashion. It was Kant who compared international relations as “the lawless state of savagery” (Baylis and Smith, 2001, pp 165). It was also Kant who believed nations could form themselves into a sort of united states and overcome international anarchy through this (Mingst, 2008). This was probably the beginning of a coherent belief in a sort of union of sovereign states. Toward the end of the seventeenth century William Penn believed a ‘diet’ (parliament) could be set up in Europe, like the European Union of today (Baylis and Smith, 2001). We can see much of this liberal thinking today in organizations such as the United Nations.
In United States the economy has changed over the years the government wants their people to be more competitive and more marketable compared to other country such china. Many people have come to the conclusion that China may be a threat in the near future because of their growing economy and increasing influence in the world.
Turner, Oliver, “Sino-US relations then and now: Discourse, images, policy”, Political Perspectives 2011, vol. 5 (3), 27-45, http://www.politicalperspectives.org.uk/wp-content/uploads/Sino-US-relations1.pdf
In the race to be the best, China is clearly outperforming the United States. China has strong economic fundamentals¬ such as “a high savings rate, huge labor pool, and powerful work ethic” (Rachman, Gideon. "Think Again: American Decline). Their economy has grown an astonishing 9-10% over the past thirty years; almost double of what it used to be decades ago. China is also the “world’s greatest manufacturer and its greatest market” (Rachman). The continuing growth of China's economy is a source of concern for not only the U.S. but surrounding nations as well. One could argue that the U.S. need not worry about China’s growth because of the spread of globalization and that western ideologies would influence China to turn to democracy. Yet China has still managed to “incorporate censorship and one party rule with continuing economic success” (Rachman) and remains a communist country. Hypothetically, even if China does resort to a democratic state, this does not gua...
China is one of the main viable candidates as this century’s new world power. Today, it maintains a strong economic stance within the international market, and is expanding at a rapid pace. The United States cannot maintain its position as hegemon for the rest of humanity; just as how ...