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Globalization and protectionism
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The United States receives more imports from China than any other country. During 2007, U.S. companies recalled millions of products manufactured in China because they pose safety risks. The products included toys, pet food, toothpaste, and tires. There was talk about the United States stopping all imports from China. Although there has been a plethora of recalls on Chinese manufactured products due to safety risks, the United States should not stop importing from China. In 2007, one of the Chinese manufactured products that were recalled was the children's toys. They were recalled because they were said to cause lead poison in the children. The toys contained tainted paint which contained excessive levels of lead. Immediately upon learning about the lead poison, toy companies like Fisher-Price and Mattel recalled millions of their products. Many U.S. children were affected y the lead poison. There were lawsuits being filed. Chinese manufacturers stated that the reason for using the paint was because it was a third of the price of the safe paints. Furthermore, toys were not the only products manufactured in China being recalled in 2007. Also, in March on 2007 there was a huge recall on the pet food manufactured in China. The pet food was contaminated with melamine. Melamine is an organic base and a trimer of cyanamide and a large exposure can cause cancer or reproductive damage. Along with the pet food, toothpaste was recalled also. Diethylene Glycol was found in the toothpaste, which is a constituent of antifreeze. Also, 450,000 tires for pickup trucks, sport utility vehicles, and vans manufactured in China were recalled. They were recalled because it was disclosed that the Chinese manufacturer had stopped including a safet... ... middle of paper ... ...ted States trading with China suggest that the country only cease importing on some products but not all. Suggestions have been made that the United States continue to import products from China such as clothes, shoes, and handbags, but stop importing the toys, tires, and pet food. Although, there are some that feel that the United States should stop importing Chinese Manufactured products because of safety risks, there is very strong evidence that proves that the United States should not stop. In conclusion, the United States should not importing Chinese Manufactured products because the country would lose money. In fact, the country would end up paying more money for the products if they manufacture them in the Unites States rather than purchasing them from China for a very low price. Also stopping trade from China will increase the country’s debt.
Shambaugh, David, “Lifting the EU Arms Embargo on China: An American Perspective”, Discussion paper prepared for the CSIS/SWP conference “China’s Rise: Diverging U.S.- EU Approaches and Perceptions,” Berlin, April 28-29, 2005
Have you ever thought about those little words in fine print that tell you where a product was made? How about the last time you put tires on your car? Before you made a decision on the purchase did you stop and ask where the tires are made? Probably not! You heard the only words you wanted to hear....good and cheap! When did we stop caring about where a product is made or did we ever? Why would this matter anyway and what importance is of it? Some may argue that free trade and imports give us purchasing power. They believe cheaper goods results in more money in our pocket to buy other goods. That theory is a farce with little to no data to support it. Buying American made supports job growth, the environment and human rights. The impact on us, our children and the future of America is greatly impacted on our purchasing decisions.
When lead enters the environment, it starts to become a problem. After a period of about ten days, depending on the weather, it falls to the surface. Here lead builds up in the soil particles. Where it may make its way into underground water or drinking water due to the fact the grounds acidic or if it's soft enough. Either way it stays a long time on the soil or in water. Months or years down the road after the lead has built up it starts to become a problem for children that play outside of their homes . This lead containing soil particles get on the child's hands or clothing and end up in the child's mouth. After the build up of so much lead it leads to lead poison. Lead poisoning has been an issue since the early 1900s, when the use of lead started being banned from the manufacturing of paint in foreign countries such as Australia. Unfortunately, the United States did not start banning it until 1978, when it finally became illegal in our nation. Today 90% of the lead in the atmosphere comes from the burning of gasoline. This problem has been a large issue since the 1920s, when the Environmental Protection Agency started making laws on the amount of lead allowed in gasoline.
It is a good practice to buy American made goods if possible. Because the American public no longer thinks before they buy an item, we are losing out manufacturing base every day that passes on the calendar. Every day you watch the news there are stories about how bad the economy is and getting worse with each tick of the clock. In the recent history, United States of America was the leading exporter of goods but now we run a trade deficit each year. John Carpenter in the article “Why You Should Buy American Made Products,” at the website http://ezinearticles.com has made the point that the American public has to take a share of the blame because they have lost their patriotism and pride.
China’s trade with the world grew substantially in the first three decades of the 20th century, marking a historic time for the country. In the 1840s, the Chinese economy was strongly closed; however, when Great Britain and other powerful countries pressured their economy, China was willing to open international trade within their own economy. Over the next 60 years, China experienced a small opening of trade amongst other foreign powers, allowing transactions amongst foreigners allowed. The funded railroad aroused industrialization, as well as publicity and overseas shipping (Yan, 2014). The main reason for moderation in China is because they are so much more focused on production rather than consumption. Last year, China’s consumption accounted for 35 percent of their economy; a little over 10 years ago, it was rated that 50 percent accounted for their overall consumption (Reich, 2010). Foreign exports and imports arose dramatically, increasing the yearly expansion rate of trade to about 7.4 percent. The Chinese economies share in world trade grew a little under 2 percent from the late 1800s to the mid 1900s. By the early 20th century, comparative advantage was presented all throughout their economy (Yan, 2014).
For the past twenty-five years, China has witnessed an overall increase in its domestic growth (Fischler 148). According to the article, “The Rise of China as a Global Power,” by Dr. Rosita Dellios, China “is the world's fourth largest trading nation, rising from 32nd in 1978 to 10th in 1997.” Similarly, China’s GDP is also second to the United States of America, generating 13 percent of the world’s output (Dellios). Since China’s introduction into the World Trade Organization in December 2001, its average tariff dropped from 41 percent in 1992 to 6 percent in 2001, becoming one of the most open economies in the world (Dellios). China is also the world’s fastest developing economy, obtaining an annual growth of 9.5 percent through foreign direct investment, low labor rates, emerging markets, and growth expansion. (Dellios). Therefore, the 21st century has been titled the “Chinese Century”, as China has become the second-largest international economy in the world (Ji-lin 15).
In 2007, the international toy manufacturer, Mattel, Inc. issued several recalls for millions of their products. These recalls were for safety reasons in that testing at the manufacturing sites and special test laboratories showed that millions of their toys were coated with dangerous amounts of lead in the paint. This lead based paint contains a potent neurotoxin that if ingested can cause serious harm to children. Mattel assured the public that the problem would be solved, the recalled products would be collected and replaced, and that the company would never let this type of incident happen again.
... in the toy industry is to make toy safety the number one priority and to fulfill the customers’ needs.
The massive increase in the Chinese trading relations was fueled by the United States in the year 1979 through the normal trade relations between the two countries. In addition, the Chinese non-concession to the World Trade Organization (WTO) in the year 2001 also facilitated its trading activities with different countries including the United States (Kaplan, 57). However, trading relations with the Chinese have been uneasy resulting from the massive trade imbalances in the recent past, which grows exponentially. The protectionist policies of the United States especially in Washington and Beijing have been putting pressure on the Chinese to revalue their currency as well as protecting it from counterfeits, which may be of adverse effects to the trading relations. This paper gives a comprehensive discussion on the foreign trade relations with china. It further gives an elaborate discussion on the impacts of foreign tr...
are a major cause for jobs becoming outsourced. The outsourcing of jobs can greatly impact a nation, just like it did in America. The size of the U.S.work force has been reduced due to Chinese factory workers because they were the cheapest labor force and could work longer hours for a smaller pay. No wonder as I grew up I observed the items I was using, very few said, “Made in America”, because most said “Made in China”. It is now seems clear that there is an economic incentive for companies and corporations to produce toys for children, clothing, sneakers, technology in China and other foreign Asian
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
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.
...e will dissipate. With each new day, China continues to invent new technologies and expand their global markets. China is only getting stronger, and if the United States wants to remain a contender is this race to be the best, we must stay alert and continue to not only keep up, but outperform the Chinese.
Top managers should be reminded that they are ultimately responsible for the quality of a product and the company. Quality management is one of the keys. By defining quality in operational terms, understanding the costs and benefits of quality, recognizing the consequences of poor quality, and recognizing the need for ethical behavior (Stevenson, 2012), will lead to a more productive operation. If Toys, Inc. specifically doesn’t want to hire additional positions to inspect quality they could outsource to a company such as SATRA whom from its website states, “SATRA can assess the risk of injury from a toy, as well as carry out analysis for the presence of restricted metals such as lead, chromium and mercury(2015).” Quality is the ability of a product or service to consistently meet or exceed customer expectations (Stevenson, 2012). Quality when it comes to manufacturing of toys especially those that have moving parts also brings in safety concerns. “Market watch officials and technological experts have warned parents to pay more attention to the quality of toys they purchase to better protect their children (Hazell, C 2011).” Parents will associate a poorly made toy, especially one that already knows that it’s poorly made by having a trade-in program as potentially dangerous for their son or daughter. Continuing to have customer dissatisfaction will further question the quality of our product and in turn the safety of our
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...