Relations between the People's Republic of China and the US - Assignment Example

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The paper “Relations between the People's Republic of China and the US” focuses on the relations which have been quite volatile, and considered a delicate issue, especially after segregation of the mighty Soviet Union that brought to focus China’s own ambition with East Asia…
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Relations between the Peoples Republic of China and the US
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Download file to see previous pages The 1969-79 years featured normalization of relations between the People's Republic of China and the United States. The economic and political maturity of China, coupled with new concerns over the nature of Chinese-American interactions (concerns that were prompted by several circumstances, including the Vietnam War and Nixon's surprise visit to the PRC), caused the establishment of full diplomatic relations between the United States and the People's Republic of China. ...
The PRC welcomed the visit for a variety of reasons, the most important of which was probably the perceived imminence of a Soviet attack on China. A second factor was Peking's concern that Japan's tremendous economic growth might serve as the basis for a revitalization of Japanese militarism until the United States by virtue of its security treaty with Japan help prevent any such Japanese rearmament. The size of the Chinese economy, even measured in current U.S. dollar (USD) terms, is likely to have surpassed that of Britain and leaped to be the fourth largest economy in the world by the end of 2005. Since its re-entry into the world economy in the late 1970s, China has been a beneficiary of the international economic system. In the 1990s, more and more states pursue the strategy of entering into free trade agreements that offer preferential terms of trade among its members while discriminating against nonmembers. The establishment of the WTO in 1995, whose explicit intent was to strengthen the application of the principle of non-discrimination of its member economies, saw a growth in the number of FTAs. By mid-2000, one hundred and fourteen FTAs were in effect.
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