Whatever its intentions may be, there's no longer any denying that the Biden administration has double standards towards diversity at home and abroad, which hints at ulterior motives towards one, the other, or perhaps both of these approaches. China and the United States significantly differ in terms of the economic, legal and political system but this does not stop them from being the top two nation with the biggest economy worldwide. they are digging deep to create the city's first metro system and doing so in just five years' time . China and the United States are one of the strongest economies in the world, and both nations are considered superpowers and have contributed significantly to global politics and culture. Disclaimer: ProEssays.net is a custom writing service that provides online on-demand writing work for assistance purposes. In context, the United States should be more pluralistic as it prides itself to be a melting pot, but it can be considered more of an elitist democracy. World economies keep on changing and countries are also made to change for them to remain competitive. But its also conspicuously different: The concept of U.S. hegemony goes beyond economics to such fields as politics, the military and society. That means that despite the trade war, the technology war, and the capital warthe U.S. governments restricting American investment in ChinaChinas GDP will most likely be 10% bigger in 2022 than it was in 2019, whereas the U.S. economy probably will only recover to 2019 levels by 2022, according to the International Monetary Fund. References Borner, S., Brunetti, A., & Weder, B. Weijian Shan was born in China and had his life upended by the Cultural Revolution. The economy has grown 36-fold over the past three decades, chiefly because of market-oriented reforms that have created a vibrant private sector, which now accounts for about two-thirds of Chinas GDP. The name of the game in China is scale. In 2019 that market reached $6 trillion, surpassing the U.S. level of $5.5 trillion. Hire a professional with VAST experience! This explains why the People's Republic of China (PRC) never attaches any political strings to its economic deals nor makes ultimatums regarding any of its partners. The resulting victory, which for decades the CCP spun as its solo vanquishing of an external enemy, was reinforced by defeat of an internal one (Chiang Kai-shek in 1949), establishing the legitimacy of the party and its authoritarian system. Westerners failure to appreciate this explains why many still expect China to reduce its role as investor, regulator, and, especially, intellectual property owner when that role is in fact seen as essential by the Chinese government. In the political system of the United States, Democrats are largely associated with liberalism (a political philosophy based on belief in progress) while Republicans are associated with conservatism (a political philosophy based on tradition and social stability). These are valid points and deserve to be expanded upon in order to enlighten others further. Worse, the U.S. has displayed an institutional helplessness in the face of such fundamental problems. The well-being and economic development is another key branch of a political system that affects business operations (Solinger, 2016). The Chinese political system is dominated by multiparty cooperation as well as political constitution under the direction of the Communist party of China (CPC), but the USA is governed by the western style of multiparty system. Our response? Consequently, inequality is greater in China than in the United States, measured by the Gini coefficient. There are two political theories that are needed in the discussion, the elite and the pluralist theory. Chinas rulers see foreign engagement as a source less of opportunity than of threat, uncertainty, and even humiliation. Weijian Shan understands the delicate U.S.-China dynamic as well as anyone. China and the global economy. The executive branch of the government focuses on enforcing the laws and policies and includes major political figures such as the President and the Cabinet. A median of 41% across the 14 EU member nations surveyed name China, compared with a median of 39% who say the same about the United States. The differences in political beliefs led to the formation of a two-party system in the United States, contrary to George Washington's wishes. In the legislative branch of the government, the members of the Congress are elected through municipal and regional congresses, which can only have members of the Chinese Communist party which are responsible for the creation of policies and laws that affect the livelihood of the citizens of China which the judicial branch oversees and upholds. And the party has always believed in and emphasized the importance of Chinese history and of Marxist-Leninist thought, with all they imply. Only a sudden surge of such events would herald an economic crisis. The founding fathers of USA forecasted their nation to be one that respects and follow basic human rights and Biblical ideas as guidance. But it wont back off from its territorial claims, all of which predate the Peoples Republic of China. Its just not liberal reform. The CPC runs the country while the other non communist parties play the role of participatory. Dictatorship, Gun Control: Legal, Psychology and Political Viewpoint, Difference Between Criminal and Civil Court System. The technology war waged by the Trump administration forced China to develop critical technologies, such as semiconductor chips, for which it has relied on U.S. suppliers. The Incarcerated Vote. Leninism, however, is essentially a political doctrine; its primary aim is control. Photo by Charles Clegg [CC BY-SA 2.0] Capitalism's global victory has been achieved through two different types of capitalist systems: the liberal meritocratic capitalism that has developed incrementally in the West, and the state-led authoritarian capitalism that is exemplified by China. In Vietnam, there are three different people. As the United States is considered a representative republic, citizen engagement is all the more important and starts with providing the citizens of the country, regardless of gender and over the age of 18, the right to vote for their communities in the form of local elections that can elect congresses that represent their towns and constituencies as well in the Presidential election for the various arms of the executive branch. The positions in this branch can be for either a five-year long term or even an unlimited amount of time. Federal and state governments wrangled and blamed each other over the pandemic response, exposing public discontent with the efficacy and legitimacy of the government, as well as the internal strife in society. The political system of China has been operational since its establishment for 50 years. It is also the duty of the representative republic to inform its citizens of their rights, and the candidacy for the elections needs to be transparent since city council members to local judges to mayors, and state legislators are all appointed through voting in the United States. Hence, we need to understand, compare, and learn from leading values in China's political culture. By 2020 she was intent on seeing her seven-year-old grandson and infant granddaughter (a second child had only recently become legal) do well. For example, in making the case for why it should be involved in the UKs 5G infrastructure rollout, Huawei styled itself the John Lewis of China, in reference to the well-known British department store that is regularly ranked as one of the UKs most trusted brands. This shapes the way they make long-term commitments, especially those that entail short-term trade-offs or losses. Time is money, in other words. Sorry, but it's not possible to copy the text due to security reasons. Therefore, a country's political system can be assessed effectively by using aspects such as collectivism or individualism and totalitarianism or democracy. A candid observer of Asian society and business, Shan is the author of Out of the Gobi: My Story of China and America and the newly published Money Games: The Inside Story of How American Dealmakers Saved Koreas Most Iconic Bank. But this argument overlooks some fundamental differences between China and the United States, Japan, Britain, Germany, and France. By the 1980s she was in the first generation to go back to university, and even took part in the Tiananmen Square demonstration. How accessible is it these days? The task, in both China and the West, is to reduce the gap between the ideal of basic human rights and the reality. So a Marxist-Leninist system is concerned not only with economic outcomes but also with gaining and maintaining control over the system itself. Ideological competition between China and the U.S. in recent years comes in three basic models: The nationalist hegemony model that ultimately serves U.S. hegemonistic purposes in the international community. Springer. The economic nationalism of the U.S. since Donald Trump assumed office is related to the hegemony promoted by the Obama administration and the current leading presidential candidate of the Democratic Party, Joe Biden. The difference between the US and China is that the US is on the North American continent, whereas China lies in Asia. The city of Rongcheng, for example, uses big data (available to the government through surveillance and other data-capturing infrastructure) to give people individualized social credit scores. These are used to reward or punish citizens according to their political and financial virtues or vices. From the U.S. perspective, upholding the banner of freedom and democracy no longer matters. But defaults and bankruptcies are common in a market economy. Regardless of who wins, it is unlikely that one of the . The ideological debate that followed was perhaps inevitable. The Communist Party of China does not give the citizens any chance to question the existing and it has total control of everything going on in the state (Solinger, 2016). Reforming Sino-American Cultural Exchange for the Better. Canadian jurisdiction is the opposite; if it's not left to the Provinces, it's most likely the responsibility of the federal government. Investors have always been enticed by Chinas vast market. Shan: Despite initial blunders, China has handled the coronavirus pandemic well through strict lockdowns and mass testing. Much of Donald Trumps rhetoric and his actions on China were meant to deflect attention from his leadership failures at home, such as neglecting his duty to protect the public from the coronavirus. Some of these challenges are brought about by differences in legal, political and economic systems of different countries. Diversity is naturally occurring, whether it be among ethnicities, religions, governing systems or whatever else. Solve your problem differently! Access more than 40 courses trusted by Fortune 500 companies. The Chinese government is, however, much easier to decipher since it is a communist one-party state that is also led by elites even though it goes against the very grain of communism. A Leninist approach to selecting future leaders is also a way the CCP has maintained its legitimacy, because to many ordinary Chinese, this approach produces relatively competent leaders: They are chosen by the CCP and progress through the system by successfully running first a town and then a province; only after that do they serve on the Politburo. The Chinese political system is dominated by multiparty cooperation as well as political constitution under the direction of the Communist party of China (CPC), but the USA is governed by the western style of multiparty system. Each branch of the government plays an important role in providing for the countrys citizens by creating laws and policies that are meant to make the living standards of the citizens better and provide them with safety and rights. In other words, it's actually the U.S. that's an ideologically driven state and not China, unlike what the Western mainstream media has falsely claimed in recent years. However, it is important to compare and contrast countries to see which policies are working in the best way and what can be changed. Advantages and Disadvantages of Bellwether Cases, The Conundrum of Non-Criminalization of Marital Rape in India, Examination of School Shootings and Student Safety from Public Administration Viewpoint. In terms of political system, China is unique to all other countries in the world since up to date it is still run by a Communist party (Nolan, 2012). The reality is quite different. In Canada, it is a . Navigating your companys future in China, Americans Dont Know How Capitalist China Is, Economics and Democracy Are Two Sides of the Same Coin, Authoritarian Political Systems Cant Be Legitimate, The Chinese Live, Work, and Invest Like Westerners, A version of this article appeared in the. Although many in the West may believe that China sees only opportunity in its 21st-century global plans, its motivation is very different. They both have a presiding official, like a judge, plaintiffs, defendants, legal council etc. The U.S., on the other hand, is infamous for its self-deluded belief in so-called "American Exceptionalism," to which end it obsessively seeks to force all others to change their ways in order to replicate its own radically. If you are the original author of this essay and no longer wish to have it published on the A command economy is the opposite of a free economy and it is usually dominated by the government which is always controlling major aspects of businesses. In such a system innovation is limited since people do don feel motivated to come up with brilliant business ideas because undesirable laws keep on blocking them. Additionally, in such a system, services and products are distributed and offered by the individuals working privately and independently with limited regulation from the government. If China were concerned only with economic outcomes, it would welcome foreign businesses and investors and, provided they helped deliver economic growth, would treat them as equal partners, agnostic as to who owned the IP or the majority stake in a joint venture. The vehicles for much of this investment are still the CCPs Soviet-style five-year plans, which include the development of what Xi has termed an eco-civilization built around solar energy technology, smart cities, and high-density, energy-efficient housing. For example, over the past 15 years it has built the longest high-speed rail system in the world. A country that provides its citizen with education produces better minds that can bring in better business ideas to the economy. China, however, has been able to sustain and grow its economy as much as it practices a command economy. This is a belief alien to many Western business executives, especially if theyve had experience with other authoritarian regimes. When the United States formed its constitution, it specifically dictated the unalienable rights of every person. Provide your email for sample delivery, You agree to receive our emails and consent to our Terms & Conditions. The Vietnamese premier is very powerful. 808 certified writers online. The basic structures of both legal system are extremely similar. That Canada has elected communists to office, I suggest is just about as important a disparity as the American gun insanity. As the situation worsened, Trump had to rise and respond, only to find more problems revealing themselves hundreds of thousands of confirmed cases of infections awaiting treatment, medical equipment in short supply, the fatal consequences of the hollowing out U.S. industries. Consequently, running international businesses has become significantly easier than ever before. Chinas rulers, therefore, see foreign engagement as a source less of opportunity than of threat, uncertainty, and even humiliation. Changes that have been reported but not yet acted on by BGN are noted. The CPC runs the country while the other non communist parties play the role of participatory. The branches of the government are not only responsible for the laws of the land but are also responsible for ensuring free and fair elections and that the citizens of the country that they represent are being heard (USG, 2020). The policies that are discussed in the Legislative Branch on the government are also through the civic engagement process, where the representatives elected by the citizens seek to change the policy or create one to serve them (lumen, 2020). Additionally, the paper will also give examples of economic and macro-political changes and show why market-based systems are being adopted by transition economies. In contrast, the governments discount rate on the future is lowerin part because of its Leninist emphasis on controland explicitly focused on long-term returns. A decade ago its retail-goods market was about $1.8 trillionless than half that of the . Americans focus on speed and efficiency and will hurry to get things done quickly. Corporatism also recognizes only one organization as its sole representative, which can be seen through the CCP (Chan, 1994). What is the political difference between China and the USA? In fact, many Chinese believe that the countrys recent economic achievementslarge-scale poverty reduction, huge infrastructure investment, and development as a world-class tech innovatorhave come about because of, not despite, Chinas authoritarian form of government. In Charting China's Future (pp. The elite theory focuses on the notion that only a select group of people actually run the government, which are considered elite, while the pluralist theory states that political power is rather shared between the influencing parties. 55-64). There have been reports of local voters being harassed and pressured into voting for the candidates that are supported by the CCP, and these reports have been identified to be affecting the rising independent candidates in local township elections, where there have been reports of voter rigging as well, and any other party other than the CCP is strongly discouraged which is why the existing parties are all under the control of the CCP (LaFraniere, 2011). In conclusion, it is not possible to have a unanimous decision on which political and economic practice is best for the entire universe. Learn how to overcome barriers when working globally. Delivery in 6+ hours! The Leninist nature of politics is also evidenced by the language used to discuss it. Chinas history continues to color its view of international relationsand in large part explains its current obsession with the inviolability of its sovereignty. Not completely and not without very high costs. Even though China has a one-party state, it, however, has eight independent political parties that are controlled by the CCP (CIA, 2020). Those countries have since 1945 been pluralist democracies with independent judiciaries. At 22,000 miles, it is twice as long as the rest of the worlds combined. This means that business contracts are not usually detailed in China since the civil codes do not cover most laws. New York: McGraw Hill/Irwin. Businesspeople and politicians in the West hold outdated beliefs about the second-largest economy in the world. The Chinese premier less so. The point is that a China-based supply chain has proved a blessing, not a curse, in this pandemic. What to Know. For international business management of doing business in a country like China, it can sometimes get hard since it is not possible to function liberally as in a democratic nation. We have both sat in meetings where business executives, particularly in the technology and pharmaceutical sectors, expressed surprise at Chinas insistence that they transfer ownership of their IP to a Chinese company. Is your time best spent reading someone elses essay? -- The CPC is at the core of the country's leadership and the ruling party, while the non-communist parties are participating parties. Thats not likely, precisely because in Chinas particular brand of authoritarianism, control is key. Many Chinese not only dont believe that democracy is necessary for economic success but do believe that their form of government is legitimate and effective. What the Chinese government does oppose is the system of electoral democracy as . There are other courts in the land such as High Courts and District and County Peoples Courts and Special Courts for military and forestry issues. The old imperial bureaucracy helps modern Chinese to make the government started on more efficient point to absorb interest than any other countries (King, F. J., The United States and China Fourth Edition, 1979, Chinas rapid economic growth is the result of its embrace of a market economy and private enterprise. He was born in China, and his life was upended during the Cultural Revolution, when he was sent off to do farm labor in the Gobi Desert. This, of course, mirrors the role of U.S. defense and intelligence spending in the development of Silicon Valley. Learn how to overcome barriers when working globally. Under the pressure of aggregated economic inequality brought by globalization, and the army of unemployed people already displaced by new technologies, the U.S. government faces severe structural constraints under the present model of state-market and state-society interactions. But much of the technological progress has come from a highly innovative and well-funded military that has invested heavily in Chinas burgeoning new industries. The past decade has, if anything, strengthened Chinese leaders view that economic reform is possible without liberalizing politics. Its aggressive handling of Covid-19in sharp contrast to that of many Western countries with higher death rates and later, less-stringent lockdownshas, if anything, reinforced that view. Sage. Get a 100% original essay FROM A CERTIFIED WRITER! Even in Beijing many people wore Mao suits and cycled everywhere; only senior Chinese Communist Party (CCP) officials used cars. The article reflects the author's views and not necessarily those of CGTN. In the early 2010s she started moderating her previously outspoken political comments on Weibo as censorship tightened up. In November 2020 Chinas trade surplus with the U.S. was 70% greater than it had been in January 2017, when Donald Trump took office. This is a natural outcome of the decline in U.S. strength. When Nixon first visited China, in 1972, the differences between the two countries were vast, in political and economic systems and of course in ideology. China is still in the process of building a social safety net that is largely undefined and underfunded, and it has no tax on personal capital gains. (b) The national average SP of CO2 is 266.8 US dollars per ton, which is much higher than the carbon price in the emission trading system. Blunders, China has handled the coronavirus pandemic well through strict lockdowns and mass.... Moderating her previously outspoken political comments on Weibo as censorship tightened up country that provides its citizen with produces. As it practices a command economy Square demonstration, surpassing the U.S. level of $ trillion! Adopted by transition economies China than in the West may believe that China only! 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