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Essay / Research Paper Abstract
A 5 page paper that comments on some of the industries in both countries, the amount of American exchange China has, industries outsourcing to China, Chinese expatriates taking their experience back to China and the U.S. trade deficit with China. Bibliography lists 6 sources.
Page Count:
5 pages (~225 words per page)
File: MM12_PGtrdchn.rtf
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Unformatted sample text from the term paper:
and more. In the garment and manufacturing industries, China benefits because of their high quality, availability of different natural resources and low cost (Transworld Business). American businesses outsource to China,
Chinese businesses do not outsource to America, at least no reports could be found that indicated this type of transactions (The Economist 69). It is called business-process outsourcing or BPO
(The Economist 69). In fact, one business owner, Michael Liu who established CompuPacific International worked in health care technology in the United States for a decade and then, returned to
his own country to begin a business there (The Economist 69). India has the greater proportion of these outsourced services but China is a primary contender in this industry
(The Economist 69). Another industry China has entered is information technology and specially, processing car loan applications from Detroit, processing medical claim forms from New York and other such IT
business (The Economist 69). Xian, the capital of Shaanxi province is quickly becoming a center of activity (The Economist 69). It is the location of Chinas space program and aircraft
construction and it has one of the countrys largest technology parks (The Economist 69). This fits Chinas ambition to become a major global power in software as well as in
services and manufacturing (The Economist 69). It has a long way to go to pose any threat to Indias stronghold in BPO and other computer technology services but it may
well reach its goal (The Economist 69). Interestingly, even India has set up operations in China because costs are lower (The Economist 69). There are a number of deterrents
to companies outsourcing information technology to China, they are known for piracy of intellectual property (The Economist 69). There are American companies, however, who keep their operations in the
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