Preview

Sino American Relations

Satisfactory Essays
Open Document
Open Document
328 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sino American Relations
Christina Barton
Myers
Political Economy Week: Political Transitions and American Sino Relations
Nov 6, 2012
Political Transitions and American Sino Relations This presentation talked about America's complicated relationship with China. On one hand, the United states Federal Government has borrowed an exorbitant amount of money from China that has helped to keep the economy stable for the most part. And on the other hand, there is a fear that China will someday over power the United States because of their growing economy and their interest in purchasing American Treasury Bonds. It is the politicians in the United States that examine our relationship with China and determine our course of action. It is important for them to decide carefully, because the prosperous future of the US relies on our ability to have a good relationship with China. During this presentation, Instructor Myers talked about the large trade gap between China and the United States. The US imports about 4 times as many goods from China as we export to them. Which means that we buy a lot more from them than they buy from us. The reason we purchase so many goods from China probably has a lot to do with currency manipulation. Because China has a communist government, it has the ability to deflate the value of Chinese currency. Making it so it takes more Chinese currency to equal one American dollar. This makes it difficult for people in China to buy goods from other countries, because things are too expensive. But makes buying goods from China easier and less expensive for other countries like the US. And that means more foreign exchange for China which is good for their economic growth. From this presentation, I learned how important America's relationship to China is to the stability of our economy. I also learned the meaning of currency manipulation. I've heard this word used by politicians but never really understood how a deflated currency could effect foreign

You May Also Find These Documents Helpful

  • Good Essays

    Richelman, J (1999) China and the United States: From Hostility to Engagement. Retrieved June 7, 2008 from website: http://www.gwu.edu/~nsarchiv/NSAEBB/NSAEBB19/…

    • 2236 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    Questions are often asked regarding the real motives behind the United States’ attempt to mend relations with China. What would the U.S. gain by improving relations with this communist country? What did Nixon and Kissinger try to achieve by ‘opening China’? In this research essay, I will try to analyse these questions and attempt to answer them. I, in order, however, to effectively come to a conclusion about these answers, should have at least a brief understanding about the events that led up to this major political landmark. The situation of world politics at that time was very complicated, and inter-related events and happenings are impossible to separate from the questions at hand.…

    • 2225 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    This annual program focuses on the importance of the relations between the U.S. and China. The webcast featured formal U.S. Secretary of State Henry Kissinger. Dr. Kissinger addressed a national audience on his past encounters with U.S. China correspondence. Also, he talked about how countries at large can benefit from a more cordial relationship. Participants were able to submit questions via social media.…

    • 410 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Foreign Exchange Market

    • 790 Words
    • 4 Pages

    China has pegged its currency against the U.S. dollar. If demand for dollars decreases (THERE IS PRESSURE FOR THE U.S. DOLLAR TO DEPRECIATE. IN THIS SETTING, CHINA HAS TO PURCHASE DOLLARS TO MAINTAIN ITS PEG)…

    • 790 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    These data shows to what extent U.S economy is dependent on Chinese economy. United States is heavily dependent on Chinese economy for many its important requirements and as a result Chinese are holding huge amount of dollars as reserves. This is likely to put upward pressure on the value of Chinese currency and therefore Chinese currency would appreciate. The appreciation of Chinese currency might result in China losing its competitive advantage on global stage and therefore can negatively affect Chinese trade balance with other countries.…

    • 1169 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Cold War Essay Plan: Explain how relations between the United States and the Soviet Union were affected by the relations of each with China.…

    • 1148 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    International trade

    • 331 Words
    • 2 Pages

    According to the lecture, the effects of trade balances effect the exchange rate for the countries currency in the exchange market. Things that effect the value of a countries currency are supply and demand. A countries balance of trade is a measurement of imports and exports in a given time period. Individually both China and the US have more imports than exports, meaning that they have a deficit and are spending more money on imports than they are earning from exports. (Gayle, Charlene 2013) (http://www.export.gov/tradedata/index.asp)…

    • 331 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Over the recent years, China’s economic growth has been improving significantly -characterized by the exponential growth in the GDP (in nominal dollars) which is expected to exceed that of America by 2018. According to the However, I believe that it is unlikely for America to be overtaken. This essay will put forth the reasons to which China is unlikely to succeed.…

    • 424 Words
    • 2 Pages
    Good Essays
  • Good Essays

    James Fallows believes that the new U.S. Presidential administration needs to rethink its foreign policy strategy with China. He states that the U.S. has built a relationship with China under the premise that a more prosperous and connected China would ultimately help the U.S. further its global goals and projects. But Fallows calls this premise into question. He argues that the Asian giant has become increasingly repressive at home in recent years, in unprecedented ways. Meanwhile, China has outwardly projected an increase in confidence and aggression. It is no longer clear that a difficult U.S.-China relationship provides the best opportunity for the U.S. to realize its potential. Fallow believes that, more and more, a rising China impedes…

    • 678 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Currency Manipulation

    • 1869 Words
    • 8 Pages

    In recent years, the level of distrust has skyrocketed due to currency manipulation, or the tool used by the P.R.C. to keep its currency value low in order to keep exports cheap. While most all trading nations participate in currency manipulation, China is one of the largest culprits. In order to have an undervalued currency, a nation must be buying more than they are selling. The Chinese, with their cheaply made products and underpaid workers, export colossal amounts of products all around the world for inexpensive prices. At this point it is clear to see that the Chinese are selling more than they are buying, or exporting an enormous amount of goods and importing less. This fact should mean that the Chinese currency is strong and the value of the Chinese yuan should be driven up. The Chinese government does not want the yuan’s value to go up because than China’s exports will be more expensive and less appealing for other nations to buy. So to keep the cost of the yuan down, China uses its incoming wealth to buy tremendous amounts of U.S. dollars. Therefore, the Chinese economy is technically selling more than it is buying, driving the value of the yuan down, keeping Chinese exports and wages low and driving up the value of the U.S. dollar. By buying U.S. dollars, the Chinese can maintain an extremely high GDP, or gross domestic product, which is the sum of all the money inside the country's borders at any given time. China can afford to maintain such a high GDP because their biggest import is money, keeping their treasuries full and their wages low. This trick costs America millions of jobs and makes China an economic superpower at the same…

    • 1869 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Everyone knows the United States as a great economic power, but recently, another country has come up quickly to challenge this power. China is well on its way up the ranks as an economic and trade power, and the United States should be concerned. China’s rapid growth challenges the United States’ economic sectors, has productive economic policies, and has the opportunity to show a possible American decline.…

    • 863 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The “Brezhnev Doctrine” coupled with Chinese/Soviet clashes along the border of China strained relations between the two governments. The strained relationship between Moscow and Beijing created an opportunity for the United States to establish relations with China. The American government hoped to curb Soviet influence with the second largest communist government in the world, and establish stronger international relations/leverage in the Asian region. (1)…

    • 541 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Persuasive Paper

    • 2561 Words
    • 11 Pages

    Prasad, E. S. (2009). Effects of the financial crisis on the U.S.-China economic relationship. Cato Journal, 29(2), 223-235.…

    • 2561 Words
    • 11 Pages
    Better Essays
  • Good Essays

    In my interactions with numerous scholars at college, I observed that there was a large disconnect between how Americans and Chinese people view certain issues. I realized with China’s growing global presence, individuals who understand the perspectives of both countries would be in a unique position to promote relations. Over the course of four years, I gained better insight into international relations as well as U.S.’ unique position in the global community. Over a semester in Washington, D.C. I wrote a junior thesis on the disparate impact of economic development on China’s various ethnic populations. In addition, a semester Peking University in China completed my holistic international education through direct interactions with Chinese professors and students. These undergraduate experiences culminated into a senior independent research project on China’s national interests in the South China Sea dispute and consequences it has on U.S. national security interests. At the same time, I interned for the Hudson Institute’s Center for Political-Military Analysis. As an intern I contributed to white papers on China-East Asian countries relations that were used to White House officials during a major rise in tension in the South China Sea…

    • 642 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    China's National Interest

    • 26804 Words
    • 108 Pages

    The English version of Analysis of China’s National Interests is a result of many people’s contribution. Professor Monte Bullard deserves profound thanks. He initiated the translation project when I presented him this book at the Monterey Institute of International Studies in 1998 when he served as the Director of the East Asia Nonproliferation Project there. He raised funds for the translation and did the English proof reading by himself. There would be no English version of this book without his efforts. I also want to express my gratefulness to Mr. Meng Jun for his hard work in translating this book. Chapter Two focuses on a very abstract and complicated theory model and Chapter Seven dwells on Chinese culture. The jargon in Chapter Two and traditional Chinese proverbs in Chapter Seven must have consumed a huge amount of his time. I owe special thanks to Mr. George Brunn and Mrs. Ruthie Brunn who devoted many days and nights to revise the manuscripts. Their work made many arguments of this book easier for English readers to understand. I hope that the contribution made by these people can help American readers to have a better understanding of foreign policy making in China. Yan Xuetong November 3, 2002…

    • 26804 Words
    • 108 Pages
    Powerful Essays