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SpinDistribute.com Article Directory

The following article was published in our article directory on November 25, 2010.
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Sino-US Competition More Reflected in the Enterprises

Article Category: Business Management

Author Name: Amanda xzh

Distinction between foreign and domestic enterprises is very important, foreign companies investing in China and domestic enterprises, foreign research institutions and scholars are clearly defined. Last year, exports of foreign-invested enterprises in China accounted for 56% of China's total exports, foreign trade surplus in China, accounting for 65% of the total surplus. June 8 this year, the French "Le Figaro" in an article said that the World Trade Organization that China's trade surplus with the United States is overestimated by half.

World Trade Organization is studying the reform of the current trade statistics. Statistics are based on the original rules of origin principle, but in the context of economic globalization, this statistical method can not reflect the actual trade situation between the two countries, need to change, so this year in May, the World Trade Organization in Vienna to discuss the World trade and statistical reform. World Trade Organization Director General Pascal Lamy, in his speech in Paris School of Economics pointed out that today we made a description of trade relations has changed, the important thing is not the trade imbalance, but some see the increase in value .

In fact, fewer and fewer of world trade is now between countries, more and more involved in the same world in the production chain between enterprises and the enterprises. Therefore, that China exports to the U.S. to $ 290 a ipad Tablet PC have a misunderstanding, because the Tablet PC is only $ 14.5 of production value. In the great benefit of transnational corporations and other decentralized production of the Internet era, "XX manufacturing" concept is outdated. Therefore, the World Trade Organization to conclude that although China's trade surplus with the United States in 2009 220 billion U.S. dollars, but in fact only 110 billion U.S. dollars. So, looking at direct investment is more important than trade.

As of the end of February, the U.S. investment projects in China reached 58,362, the actual direct investment in China totaled 68.22 billion U.S. dollars, second only to Japan. The Chinese investment in the U.S., all with 45 billion dollars, much less than the U.S., reflecting the degree of benefit between the two countries. 29 categories of Chinese manufacturing and the Chinese commitment to the 100 service sectors have investments in the United States, such as the electronics industry, communications industry, many of which are controlled by U.S. multinationals. In addition, 70% of soybeans have been required to rely on imports, mainly from the United States. So far, assets and market in China is 1 / 3 for the multinational control, mainly U.S. multinationals. Each year, nearly sixty thousand U.S. companies in China sales more than 220 billion U.S. dollars. June of this year, Science and Technology Daily Zhang Jingan at the eleventh president of the Tenth CPPCC National Standing Committee meeting by stating that the information industry has been described as "small cell lung missing," our job is hard and dry, take all the money earned by foreigners, and also consume our resources, damage to our environment. Johns Hopkins University Institute for Advanced Study of International Research Center of China Dai Weilan Templeton noted that in practice, marking products made in China does not mean it really is made in China, just completed in China However, the final assembly, the most profitable parts are done in other countries, China exports 85% of high-tech products produced by foreign-funded enterprises. Therefore, the United States is nominally barriers to the production of export products, in addition to punishing Beijing, but also equal to the punishment of the United States, friends, allies and the United States itself.

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