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Week 4 Discussion - INTL 5645 - Assignment Example

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China’s economy has risen dramatically for the last two years. This has been propelled by increasing urbanization and decline of…
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Week 4 Discussion - INTL 5645

Download file to see previous pages... China has been facing both political and structural barriers that have limited the economic growth. The growth of the Chinese economy has been fundamental and well spread.
The international policy and long term economic strategies shall determine the sustainability of Chinese economy. The Chinese government has been asserting the need for action on the imbalance between trades with the United States. The Chinese believe that the United States should add the high technology exports (Pei, 23). Chinese goods have been flooding the markets of the United States. The Chinese government has reduced the barriers to imports substantially. The policy barriers and currency wars with the United States are aimed to slow the Chinese economy. This has made China a major driver in the global economy. China has too many regulations which are bad for growth sustainability. The country has been accountable for the 12 percent rise in the global trade. China has invested in labor intensive goods. However, studies show that the country is weighed by the downward pressure of unskilled laborers and poor wages. The United States and OECD countries have invested in Chinese labor market. The bilateral ties between the United States and China have been turbulent. The influence of the Chinese government has been declining. The Chinese government is perceived to be authoritarian and communist. Analysts in the United States view the rise of China as a threat to the United States. The Chinese have had to develop strong networks in Asia when it comes to production. The investments in China for the foreign markets grew in the field of manufacturing (Gilboy, 21). The United States is trying to compete with the Chinese labor intensive products.
China is facing obstacles from the strict labor law that discouraged many international investors. The growth in China has been said to be unstructured. China faces extreme ...Download file to see next pagesRead More
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