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International Business - Sample Assignment

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Added on  2021-09-14

International Business - Sample Assignment

   Added on 2021-09-14

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Running head: INTERNATIONAL BUSINESS
International business
Name of the student
Name of the university
Author note
International  Business  -  Sample  Assignment_1
1INTERNATIONAL BUSINESS
Introduction
In the current global political scenario, one of the major issues being amplified is the
conflict between China and the United States. Even though there are no evidence of military
interference or physical casualties between the two countries, still this conflict is regarded as one
of the most influential in the recent time (Hoge 2015). The conflict between China and the
United States is also gaining the major global focus in the recent time due to its impact on the
larger trade pattern across the world. With time this issue is getting amplified and new elements
are being involved with one of the major reasons being the tremendous growth of China and
posing challenge to the dominance of the United States in the global politics (Mearsheimer
2014).
In this essay, the relationship between the rise of China in the global scenario with that of
the interest of the United States will be critically discussed along with considering the major
elements of conflict between the two countries. In addition, a reflection will also be stated about
the strengths and weaknesses being identified in doing this assignment.
Discussion
Prior to the discussion of conflict between the two countries, it is important to identify the
areas based which the conflict is emerging. One of the major areas of conflict is the economic
growth of China. According to Hsueh, Hu and Tu (2013), currently the rate of economic growth
of China is much higher than that of the United States. Thus, with the growth in the economy,
the economic viability of China is also increasing, which is posing the challenge to the monopoly
of the United States in being the superpower. In addition, it is also being stated by the authors
that the more will be the growth of the economy of China, the less they will be depended on the
United States. This will have impact on the trade policies between the two countries. Significant
economic growth of China is enabling them to have larger bargaining power in the trading
policies with the United States. This is leading to the emergence of conflict between the two
countries. Thus, it can be concluded that the further rise of China may led to larger issues with
the United States.
In this case, Strange et al. (2017) stated that growth of economy of China is also
increasing their influence on other countries. This is due to the reason that the more will be the
International  Business  -  Sample  Assignment_2
2INTERNATIONAL BUSINESS
growth of the economy, the more will be their financial ability to support other countries. Thus,
as per the authors, in the recent time the foreign aid of China went up significantly and huge
grants are being provided to the countries such as Pakistan, Sri Lanka, Maldives and some other
African countries. This phenomenon is also challenging the dominance of the United States due
to the fact that foreign aid provided by China is helping them to have more influence on these
countries and in the international bodies. For instance, for a good time, Pakistan was the strategic
partner of the United States in the South Asian region but in the recent time, they are less
dependent on the United States and are close to China. This is helping China in curbing the
global influence of the United States among the different countries. According to the authors, the
continuous growth of economy of China is helping them to provide the financial assistance to the
countries and posed as a competitor to the dominance of the United States.
Even though there is no instances of military warfare between the two countries but still
the aggression of both the countries in the South China Sea is also contributing in the conflict
between China and the United States. This is also one of the major areas of conflict between the
two countries. According to Hong (2013), South China Sea is one of the busiest routes of
transportation between the United States and the South East Asian countries. Thus, countries
with having the major stake in this route will have the upper hand in the global trade. In the
recent past, there was no issues emerged with this region but with the growing influence of
China, they have now challenged the dominance of the United States. This is further getting
amplified by the economic superiority of China in the region and the demand of China of South
China Sea as their territory (Hamashita 2013). The authors have also stated that this issue will
get further amplified with the growing economic significance of China due to the reason that
stable growth of the economy is helping them to develop their infrastructure and pose threat to
the United States. In this case also, it can be concluded that rise of China will further escalate the
conflict between the two countries (Khong 2014).
Trade war is at the highest peak in the recent time between the two countries and with
each one is adamant at their point, there is no evidence of the things slowing down. According to
Handley and Limao (2017), it is a well know fact that trade war is escalating between the two
countries. Thus, with the rise of China, it is posing as the trade challenger for the United States in
the global business scenario. One of the major examples is the shift of the global business giants
International  Business  -  Sample  Assignment_3

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