China is a world power in terms of economy and wealth. According to a modern economist, trading with China is fraught with disadvantages. China pours significant resources making the Yuan weaker, which makes Chinese products cheaper; an estimated 9% of its GDP is used for that alone. That means Chinese products on the U.S market is a lot cheaper than American products on the Chinese market. There is also the unfair political system where dissidents are harshly persecuted, rampant counterfeiting activities, and human rights abuses.
Answer:
B. its political system, counterfeiting activities, and human rights abuses.
Explanation:
According to a different source, these are the options that come with this question:
A. its small population size compared to other nations, which puts doubt in business people's minds about the worthiness of the investment.
B. its political system, counterfeiting activities, and human rights abuses.
C. its ties with organized labor unions.
D. its economic philosophy that has changed from free markets to command economies.
In many ways, trading with China is a good investment. The country has an extremely large population, which means that it has a lot of potential consumers. However, a concern that many countries have when trading with China is the fact that the Chinese government is not transparent about the activities of the country. Moreover, it generally does not follow ethical norms such as the protection of human rights.
