Essay#3

3- GLOBAL TRADE AND TRADE POLICIES OF CHINA


1) INTRODUCTION

Global trade with especially the trade policies of China has brought an impressive upheaval in the economic life of the world on common, and China particularly. Current economic life of the world has done a lot for the global public. Like availability of job opportunities, promotion of businesses, infrastructure build up, provision of loans the states, conduction of constructive projects. etc etc

Developed economy in today's life, like before, is the back bone of the states of the world. Further more it is need of the time, backup to the smooth running of state affairs, source of development, capacity of the states, and most lusted thing in a state, etc, etc.



2) GLOBAL TRADE AND TRADE POLICIES OF CHINA: WITH IT'S PARTICULARS AND PRIORITIES

2 1) Potential China As A Second Super Power - But Soft

Unlike USA, China is a potential soft super power of the world. China is ruling the world trade with it's policies of economy. And has soon to become a second super power to make the world bipolar in supremacy.


2.2) World Wide Acceptance Of Economic China As A Second Super Power

Worldwide acceptance of China as (an economic) second super power is an arduous task for China because of the USA with it's supremacy and it's worldwide influence. Also the UNO is not showing any interest in this. China is striving a lot for this task both on domestic level as well as abroad in order to flourish it's economy more and more.

On the other hand worldwide acceptance of the currency of USA "dollar" is creating challenges for the potential super power China.

2.3) Economic Lessons To The World From China

More productivity, choosing allies for economic agreements, widespread businesses, use of manpower, hard work and dedication for economic growth, commitment to succeed in financial goals, and a lot more are the lessons in the impression of Chinese economy for the world.

2.4) Global Demand And Chinese Supply

It is the production of China which is meeting the demands of modern daily life's needs of the rest of the world. Chinese economy is growing ever and meeting this challenge of demands diligently.



3) GLOBAL TRADE AND TRADE POLICIES OF CHINA: PROMOTIONAL STAGES OF DEVELOPMENT

3.1) Chinese Economic Development Since The Stone Age

Since the stone age China is on the path of development. Struggling hard with it's inland finances, this China when focused on the production tasks. Soon it met the needs of China itself - without any need of imports at the end.

3.2) Pure Focus On The Production By China And Selecting Importer States From The World

At the time when the production of China became more than the domestic needs of China. China observed a starting age of exports, more precisely called the middle age of Chinese economic development. Later on pure focus on production by China and selecting Importer states, made China emerge as an economic leading power on the world map in our Asia.

3.3) Becoming An Economic Super Power In The 21st Century - Onwards

The flourishing economy of China is soon going to make China second super power of the world in this 21st century. Even if the USA with it's global supremacy is trying to keep the economic potential of China limited. But still the Chinese skills and it's talent can make room for itself to make the world bipolar in supremacy.

3.4) Dependence On China By The Outside World

Outside world is dependent on the economic potential of China - improving the exports of China. Chinese export throughout the world is openly famous, and has made China a leading role player in the economic life of the entire world.



4) GLOBAL TRADE AND TRADE POLICIES OF CHINA:.WITH IMPACTS ON THE WORLD'S VIEW

4.1) Beating The Global Markets

In global village almost all the global markets got defeated by the stronger-and-stronger economy of China with time. This brought all the global markets and global economies on their knees to Itself. However, if the different states of the world who are self-sufficient and have to restore the lost glory of their domestic economic conditions, they have to compete with other global economies.

4.2) Obsession Of The Different States Of The World


A worry about the economic consequences, low quality of running the states, lack of commercial ethics, degraded financial morale, and a lot more are some of the threats on the part of the global public (outside side of China). This global public have to survive these threats until they start depending on themselves at least to the limit of having import/export balance.

4.3) Impact On Dollar And Threats To USA

USA is careful and concerned in limiting China having strong economy. USA will not lose it's supremacy in the world. However, China as an emerging super power, is going to get in balance with USA(superpower). And this is not acceptable to USA for numerous instances .



4.4) China As An Exemplary State For Others


China is a criterion for the economic development for other states. Such an expanded and successful economy of China has positive effects on the global trade. Who seek lessons from the economic development of China and see China as their role model.

4.5) Ties On The Basis Of Economy With China

Several countries are in ties with China on the grounds of Chinese sound economy. These states acquire many commercial opportunities, benefits , and skills from China to flourish their domestic economies - also boosting Chinese economy in return for expansion.



5- GLOBAL TRADE AND TRADE POLICIES OF CHINA - AN ANALYSIS

5.1) Global Allies For Chinese Economy

Global allies of China depend a lot on the Chinese economy. Importer states of Chinese products are establishing their commerce and trade with dependence on Chinese business and the frequently refreshing trade policies(both for inland production and outreach business) of China.

5.2) Global Trade Ethics And Chinese Economy

Global trade a lot operates on the ethics of business borrowed from China. Because the dominant player in the current global trade is China. So, the ethics across the states, which are in economic ties with China, utilize the business ethics of China.

5.3) Responsibility Of Chinese Economy

Sound economy is the backbone of the global public. China has taken the responsibility of this task itself to cater human needs and help meet human challenges in order to provide a backbone to the global public.

Also, Chinese signatures on the agreements with the allies (countries who have to stay as part of the global trade tied with China) are submissive to utilize China as their backbone.

5.4) Dollar And Chinese Economy

Obviously dollar, the globally accepted currency of USA, is creating a lot of the difficulties for Chinese economic advancements. It is in the best interest of USA not to limit China with it's resistance - as it is not the remedy to any syndrome.So Instead, America should take a U-Turn in this regard. As both of these states(China and USA) have to work together for a mutual and global trade success.

6- GLOBAL TRADE AND TRADE POLICIES OF CHINA - FUTURE HOPES

6.1) Co-operation Among Global Markets For Trade & Secured Global Public

Growing, the global trade and Chinese economy with current pace, easily reflect that soon the global markets will serve as real entities of global village on genuine terms of co-operation. This facilitates opportunities for economic abundance. Which ensures security of the global public.


6.2) Sound Chinese Economy - The Accent Of Global Trade

Global trade, although using dollar of USA, is on it's way because of the progressive economy of China. Global Markets are inter-communicating having the accent of Chinese policies of Trade. Plus, China is definitely empowering the entire global trade with it's soft potential of particular economy.

6.3) China The Second Super Power Of The World In Near Future

In the near future China is going to become another super power because of it's commercial solidarity. Skills and talent has always craved a path for itself. And similar is the case of our neighbor state China.

6.4) Encouraging China And USA to Fund Developmental Projects.

Last but not the least, encouraging China and USA to fund constructive projects is my most favourite point of this essay. Traditionally, USA has done a lot of struggle in funding projects . However, the tradition of China is also not broken and is prominent same like USA. Still, both the USA and China should do-more and deal the intended task on well-to-do basis.



7- CONCLUSION

Trade as a sacred profession can secure a sound future for humanity. And as far as the global trade and trade policies of China are concerned. So with the current pace of growth they can rapidly secure peace, progress, happiness, and prosperity for mankind - when conducted on humane basis.

In the today's world of turmoil, each and every global citizen is striving hard to secure three times meal for themselves. And it is only the sacred profession of trade which can make these citizens qualify for this right - friendly and peacefully.

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"Success is not final, failure is not fatal: it is the courage to continue that counts" Winston Churchill