Meat Products Into China example essay topic

As reported in "Guangzhou Riba o" on January 6, 2000, Long Yong tu, China's trade negotiator, said, On the issue of allowing more meat products into China, some people think that China has made a substantial compromise. In fact, no substantial compromise was made on the meat product issue. (P) (in the United States) think that China has opened its door wide for the import of meat. In fact, this is only a theoretical market opportunity. During diplomatic negotiations, it is imperative to use beautiful words. Neither are we able to grant China permanent approval or denial of MFN status though.

Denying China MFN status would mean severe consequences for both Chinese and U.S. economies. The implications for China would be, in the opinion of several China trade experts, severe. 95% of the products imported by the U.S. from China would suffer a drastic increase in tariffs. This would result in over $80 million in extra tariffs. Many Chinese products would be effectively priced out of the U.S. market as a result.

This would especially affect the southern region of China where many exports originate. Hong Kong would be affected indirectly because it is the port of departure for 70% of Chinas exports to the U.S. and because Hong Kong businessmen have large manufacturing interests in the Southern China region. The effects on the U.S. economy would also be great. Many products would suffer price increases but the distribution process would absorb most of the costs associated with the raise in tariff. The segment that would be most heavily affected would be the poor / low-income economic group.

This is because cost increases would be relatively high on low-margin retail goods such as clothing and household electronic products. If China were to retaliate against imports from the U.S., it could severely affect the grain, power generating machinery, aircraft, and fertilizer products export markets. Also, over-all business relations with U.S. companies in or looking to invest in China would all but deteriorate leaving a large hole for other countries multinationals to fill. The solutions to this issue are obvious after reviewing the facts.

First of all, the U.S. government should have continued to review China every year as per Title IV. Also, the U.S. should not have advocated China in any way, shape, or form until it got its various issues (human rights, etc) in check. Instead of keeping China in countenance, the U.S. should have been more critical of critical of Chinese government and policy. As the Family Research Council stated in its Revoking Chinas Most Favored Nation Status document on July 22, 1998, We may not be able to save the life of every brave young student in the world, but we should always make it clear that our policies are on the side of those struggling against the tanks of tyranny.

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