Essay - The Rise of China Introduction Much in International Relations Has...

The Rise of China

Introduction

Much in international relations has changed over the past two decades beginning with the dissolution of the Soviet bloc and ***** disintegration of the Soviet Union and continuing now with the slow growth of a more open m*****rket in *****. For decades, both the USSR ***** China were seen as enemies of the West as ***** were Communist in their orientation, though the two Communist powers did not always g along themselves, a fact which only made them more threatening to much of the rest of the world.. with the dissolution of the ***** Union, ***** became the major ***** power in the world, far ***** of a threat than Cuba, yet treated quite differently than that smaller country. Where America ***** kept Cuba outside the world's markets ***** much as possible and has continued to treat any contact with Cuba as a ***** to n*****tional security, the U.S. has encouraged investment ***** other contacts with China, aiding in the economic development of ***** huge ***** on the theory that ***** development and contact with the ***** world would lead inevitably ***** improved relations ***** to a more c*****pitalist system in China. Some have ***** the economic rise ***** China not as an opportunity but as a threat, however, viewing anything that makes China stronger as also making the West weaker. The issue is whether this can be deemed a real threat or only an unfounded fear.

The Rise of China

In the United States, eff*****ts to bring China more in***** the world market has *****cluded an argument ***** ***** or ***** to grant most fav*****ed nations status ***** the country. Despite its name, the most favored nation (MFN) clause of ***** General Agreement on Tariffs and Trade (GATT) does not mean that any ********** nation receives preference over another nation ***** regard to trade. Instead, members ***** the ***** are committed that products originating in one nation will receive ***** same *****ment as products originating in any other nation. Discrimination and preferences ***** prohibited. However, Article I, which contains the ***** clause, also provides some exceptions to ***** *****, including customs unions and free ***** areas. In general, however, ***** goal of MFN status is to give equal treatment ***** all countries and their goods and to prohibit any ***** nation from being ***** over any other nation. In this sense, all MFN ********** are "most favored."

The United States grants MFN ***** to nearly all of ***** trading partners. In 1997, only seven nations did not enjoy MFN status. However, even those nations ***** are granted MFN status may not have unconditional status. Waivers have been obtained by the president for a number of *****, ***** *****, which otherwise would not be eligible ***** ***** under US rules. Such countries can enter into a bilateral trade agreement with the United States, or ***** be determined to be in compliance with the Jackson-Vanik amendment of the 1974 Trade Act (this ***** has implications for