China-US Trade

China-US Trade - April 9 2008 Sino-American Trade Relations...

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May 7, 2009 Sino-American Trade Relations: Privatizing Foreign Policy – Lobbying Groups American Foreign Policy is being increasingly influenced by the private sector in the form of lobbying groups. These groups represent groups of individuals linked together through some common interest such as, race, ethnicity, occupation, business interest or ideology. The case of giving China the designation of Permanent Most Favored Nation Status was one in which lobbying groups on both sides had a large and meaningful impact on the ultimate decision. This was one decision that was determined largely by the success of the lobbying groups on either side. This lobbying effort takes place in the year 2000. This is a time of great domestic turmoil with a new president to be sworn in next year and an economy that had been booming for the last 10 years finally beginning to slow. The “dot com” bubble had finally burst dealing a deadly blow to the US economy and other markets were just barely hanging on. In addition, specifically with China the US was suffering from an enormous trade deficit, importing much more then they were exporting to China. In addition, the US is in the middle of six party talks, involving China, over North Korean Nuclear Weapons. Giving China this status could be seen as a step toward balancing that trade deficit by some business, as they will argue that it will give access to large and growing consumer base. However, others want this status to be tied to documented improvements in China’s human rights record, saying that otherwise it could be seen as an endorsement of their deplorable record on human rights issues. In examining the impending battle between interest groups it is important to note
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China-US Trade - April 9 2008 Sino-American Trade Relations...

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