ASNS3619 FINAL ESSAY - ASNS3619 China and Globalization...

ASNS3619 China and Globalization
Final Essay
Essay topic:
Do you think China’s workforce has suffered as a result of globalization?
During the past few decades, globalization had significantly changed the
world’s economic territory. China therefore had become the biggest market and
manufacturing base of the world. Since the 1980s, due to the demand of global
resources and techniques, Chinese government had gradually encouraged foreign
investors to come to China to develop the business and facilitate the economic
growth in China. Politically, Deng Xiao Ping’s pursuit of strengthening economic
conditions after the economic breakdown resulting from the Cultural Revolution
showed his attitude as an unprecedented reformer who was able to integrate a
capitalist pattern into China’s inherent socialism system. Integrating capitalism
into socialist economy of China was one of Deng’s well-known reform policies.
However, there are numerous difficulties coming up in relation to China’s
workforce during the process of globalization. Economically, the unreasonable
distribution of the profits between foreigner enterprises and Chinese local labors
and overworked issues had caused many trust issues and strikes that may
disintegrate the cooperation relationship between China and foreign investors.
Socially, the power of FDI had created competition and encouraged the
development of new institutions, both at the firm level and through the legal
system. Culturally, the contradictions between western and eastern cultures were
one of the influencing factors that obstruct the cooperation development
between foreign investors and Chinese employees. To illustrate my statements of
the issues addressed above, I will demonstrate the perspectives from academic
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scholars in the assigned readings, along with the examination and discussion of
practical examples from journal reports. My personal arguments will be final
addressed before the conclusion is reached.
Politically, Deng Xiao Ping advocated his foremost policy as a dedication that
was to transfer the Chinese peoples’ attention from the past aim of class struggle
to the fulfillment of the Four Modernizations, the economic development that
based on socialist modernizations. The Four Modernizations were the general
national development policy in China that in the premise of socialism, in order to
make China become a powerful country that is capable of competing with
western countries; Chinese government respectively enhanced its economic
development in agricultural, industrial and technological dimensions. Deng
recognized that some principles of capitalist society were useful to socialist
economy, in 1984 June, Deng agreed to open several cities and ports, allowing
capitalist to come into China to boost the economic development within Chinese
society. Deng set up both Guangdong and Fujian provinces as two major coastal
open districts to absorb foreigner capitals. (Kau and Marsh, 1993) Gradually,