Chinese Trade

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Chinese Trade

• Josh Bartosh
• Vanessa Guiterrez
• Pat Ryan

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Sino-American Trade
What does this mean?
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Sino-American Trade
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Sino-American Trade
The United States Trade Deficit
1.15 of entire deficit
25.8 of entire deficit
What spurred this growth?
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What led to the explosion in trade?

• A Brief History of Recent China (1950 1980)
• Mao Zedong and Socialism
• Four Classes
• - Workers
• - Peasants
• - Petite Bourgeoisie (merchants, small business
  people, tradesmen)
• - National Capitalists
• The Cultural Revolution
• - Socialist Education Movement
• - Red Guards

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What led to the explosion in trade?

• China Opens Up under Deng Xiaoping
• The Four Cardinal Principles maintain
• - socialist path
• - peoples democratic dictatorship
• - the Communist Party
• - Marxist-Leninist-Mao Zedong thought
• Special Economic Zones
• - Experimental capitalist zones market-driven
• - Export-oriented economies
• - Emphasized need for streamlining of political
  system, but staunchly against bourgeois
  liberalism (parliament-style government).

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Effects on the American Worker

• Those who can do things no one else can do will
  prosper, while those without special skills will
  face long hours and low pay.
• - Clyde Prestowitz

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Effects on Americans
Cheap Stuff
Job Loss
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Chinese Oil Trade
China accounted for 40 of the growth in oil
demand over the last four years
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Sudanese Oil
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Iran and Angola
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Competition
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