Business and Trade Relationships between the United States and China Term Paper

Business and Trade Relationships among the United States and chinaware - Term Paper ExampleAs the concern relationship mingled with these two nations have byg matchless through a many high points as well as low points, it has been an interesting thing of study for many researchers throughout the world. Furthermore, it is important to understand the different details of the calling relationship in order to get a better idea on how the relationship would continue in the future tense. This name focuses on exploring the business relationship between the United States and mainland China. Traversing through historical trends, current state of business and future trends, this study would try to identify any potential opportunities for the future and how they can be utilized. In addition, it will also look at the possible challenges and ways to overcome those challenges. A Historical sight Early 18th century to World War II Before exploring the current and the potential of future r elationships, it is necessary to take a look at way in which trade relations regulate historically. The first trade interaction between two countries began around the late 1700s through the sea route. after the American Revolution, there was an attempt at sea exploration and American trader ship cognise as the Empress of China arrived in the port of Canton (Dudden, 1992). This arrival of this ship in China was a very remarkable event because of the needs of both these countries. China had a huge demand for edged materials and Americans were on the hunt for anything exotic and oriental (Ng, 1983). This paved the way for a trade relationship between the two nations, which began to be popularly known as the Old China trade. The Americans were very interested in products like tea, cotton and silk, where as the Chinese were interested... Business relationships between the United States and China is a root of discussion in this term paper. The researcher chose it because of the comple x economic relationships between two countries and the way. The United States and China economic relationship has been one that has seen tremendous high points and equally strong low points. During the 1970s, the trade interactions between the United States and China were very less. However, the establishment of good bilateral relationship between both these countries resulted in the expansion of economic ties and hence, there was a considerable surge in the way in which trade and business grew. In due course of time, that is analyzed in the paper China become one of the top five trading partners of the United States and has become the largest market for the exported goods from China. The U.S companies have also been investing in China at a steady pace, especially during the past decade in avenues such as information technology. It is very interesting to note how the trade and business relationship between two nations is severely dependent on the way in which the political relation ship between these nations is at a special point of time. In conclusion, the researcher stets that while it is clear that trade between these countries have proven to be mutually beneficial, it would require a tremendous effort from the political and economic leadership of both nations to vouch that a strong momentum is maintained in times to come.