China and the US Analytical Essay by Top Papers

China and the US
A look at the economic and trade relations between China and the United States.
# 135982 | 3,000 words | 0 sources | MLA | 2007 | US
Published on Dec 01, 2007 in Asian Studies (General) , Economics (General)


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Description:

The paper discusses how the United States (US) and China's economic and foreign policy relationship is almost entirely founded upon trade and trade related activity between the two states. The paper explains that China's expansion has been the engine driving the global economy over the last few years and not simply its own economy, and the US market has come to rely not only the bountiful supply of inexpensive goods originated from China but US industry has come to rely on its comparative advantage in cheap labour and contract manufacturing industrial base. The paper points out that this role of international economic engine has traditionally been a role filled by the US but since China's growth curve is steeper, its rate of expansion can be maintained higher for a longer period of time than the other leading global economies.

From the Paper:

"The United States (US) and China's economic and foreign policy relationship is almost entirely founded upon trade and trade related activity between the two states. Chiefly, China's expansion has been the engine driving the global economy over the last few years and not simply its own economy and the US market has come to rely not only the bountiful supply of inexpensive goods originated from China but US industry has come to rely on its comparative advantage in cheap labour and contract..."

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APA Format

China and the US (2007, December 01) Retrieved July 09, 2020, from https://www.academon.com/analytical-essay/china-and-the-us-135982/

MLA Format

"China and the US" 01 December 2007. Web. 09 July. 2020. <https://www.academon.com/analytical-essay/china-and-the-us-135982/>

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