Globalization in China
Name: Samara Pereira
Globalization in China It is evident that China is advancing economically. In fact, the country is the second in terms of the best economy worldwide; this is a country that has been an important key player in the financial markets. In the last decade, China has undergone various changes as a result of globalization. The current economic position is strongly contributed by the impacts of globalization. Despite the fact that there is no consensus on the degree to which the current globalization situation in China has constituted to the environmental changes, political and migration of people to China in search of greener pastures. These are a few of the selected sectors that have been affected in both positive and negative manner in China as a result of globalization. The biggest level of global environmental incorporation in the last century in China has been a noteworthy trend as it has characterized the purported present-day economic globalization procedure both positively and negatively. China endures depending on coal for most of its energy needs, with chief effects for global weather variations and as emissions of toxic substances such as sulfur dioxide. In China, most foreign corporations are not allowed to open their private industrial plants until all the necessary measures in the environmental concerns are undertaken. Up to the current times, China has relied on the local companies for manufacturing and production of products and services. Therefore, it was easier to by-pass the environmental and labor criterions in China, whereby these businesses had less responsibility to stakeholders and civil society in comparison to other countries such as Taiwan. The enthusiasm of China to progress its environmental status has been encouraged by aggregating pressure from international corporations. China has gone to the extent of outsourcing the manufacturing of goods for the biggest dealers such as Apple, Wal-Mart.
Globalization in China It is evident that China is advancing economically. In fact, the country is the second in terms of the best economy worldwide; this is a country that has been an important key player in the financial markets. In the last decade, China has undergone various changes as a result of globalization. The current economic position is strongly contributed by the impacts of globalization. Despite the fact that there is no consensus on the degree to which the current globalization situation in China has constituted to the environmental changes, political and migration of people to China in search of greener pastures. These are a few of the selected sectors that have been affected in both positive and negative manner in China as a result of globalization. The biggest level of global environmental incorporation in the last century in China has been a noteworthy trend as it has characterized the purported present-day economic globalization procedure both positively and negatively. China endures depending on coal for most of its energy needs, with chief effects for global weather variations and as emissions of toxic substances such as sulfur dioxide. In China, most foreign corporations are not allowed to open their private industrial plants until all the necessary measures in the environmental concerns are undertaken. Up to the current times, China has relied on the local companies for manufacturing and production of products and services. Therefore, it was easier to by-pass the environmental and labor criterions in China, whereby these businesses had less responsibility to stakeholders and civil society in comparison to other countries such as Taiwan. The enthusiasm of China to progress its environmental status has been encouraged by aggregating pressure from international corporations. China has gone to the extent of outsourcing the manufacturing of goods for the biggest dealers such as Apple, Wal-Mart.
References: Gallagher, M. E. (2007). Contagious capitalism: Globalization and the politics of labor in China. Princeton, N.J: Princeton University Press. Liu, J., & Tao, H. (2012). Chinese under globalization: Emerging trends in language use in China. Singapore: World Scientific. Zhong, X., & Wang, B. (2014). Debating the socialist legacy and capitalist globalization in China.