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Exploitative Nature of Globalization in China

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Exploitative Nature of Globalization in China
China has become an imperative actor in the global market since 1978. Through economic change and progression, China has become the world’s fastest, expanding major economy as the largest exporter and second larger importer of goods. In the economic world, China is known as the “super power” of the world market. As the economy of China has grown and prospered, the country of China has failed to acknowledge the nourishment and inter-connected relationship of the entire population as a whole within its recent boom of wealth. Because China is so focused on strengthening ties with Western world, the Chinese government disregards the maintenance and economic-well being of the general population. China has become more powerful in global market, and government begins to disregard the socio-economic lifestyle of population mass, which causes a growing inequality between educated urban professionals and rural/urban working class. Thus, in China, economic growth is not correlated with social growth—“haves” are becoming richer and “have-nots” are becoming poorer. The Chinese government facilitates this viscous cycle of poverty by implementing policies and restrictions, which essentially prevent the working class from moving forward and participating in recent economic growth. The restriction of rural-urban migration has facilitated the widening income divide between rural-workers and urban professionals. As urban professionals become wealthier at a fast pace, rural workers are forced to stay back, which limits opportunities for poor to participate within the financial growth of their own country. China has become the “super power” of world market when they entered the World Trade Organization by the relocation of transnational corporations from all over the world to China. In order to keep up with TNC’s high-demand for production and perpetuate economical wealth within China, the government began to utilize workers in rural areas as migrant-factory laborers in urban China.

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