高级商务英语阅读补充时文SupplementaryReadingforChapter1TheLongMarchAreChineseCompaniesaThreattoYourSmallBusiness?AcloserlookathowourfreetradepolicieswithChinaandtheChinesebusinessenvironmentmayimpactthefutureofyourcompanySeptember16,2003ByJoshuaKurlantzickInrecentmonths,astheU.S.economicslowdownhascontinued,Americancompanies,andmanylegislatorsrepresentingdistrictshithardeconomically,havebeguntolashoutatChina.TouringtheSouth,DemocraticpresidentialcandidatesRichardGephardtandJohnEdwardsstoppedattextilefactoriesacrosstheregionthatwereonthevergeofbankruptcy.There,theycondemnedAmericanfreetradeagreementswithChinaforallowingChinesecompanies,whichpaymuchlessforlabor,toundercutU.S.manufacturersanddriveblue-collarjobsoverseas.Meanwhile,CabinetmembersoftheBushadministration,touringthecountrytopromotethepresident'seconomicpackages,receivedmanyangrycomplaintsfrombusinesspeopleconcernedabouttheChinathreat.AndU.S.textilemakerslastmonthfiledapetitionwithCongressaskinglegislatorstocaptextileimportsfromChina,usingWorldTradeOrganization(WTO)provisionsinforcesinceChinajoinedtheWTOin2001andchargingthatChinaunfairlyundervaluesitscurrencyandunderpaysitslaborforce.(Inresponse,theGeneralAccountingOfficehasagreedtoinvestigatethevaluationofChina'scurrency.)Someofthesefearsarereal.Lastyear,Chinareceivedthemostforeigncapitalinflowsofanynation,surpassingtheUnitedStatesastheworld'sfavoritelocaleforinvestment.Meanwhile,Chinesewages,whichaveragearound60centsinmanufacturingjobs,aren'trisinginmostfields.Ming-jerChen,aChinabusinessexpertattheUniversityofVirginia,saysthecountry'sburgeoninglaborpool,theresultofincreasedmigrationfrompoorinteriorareastorichercoastalregions,seemslikelytoguaranteelow-wagelaborinmostindustries,atleastforthenearfuture.IncreasedChineseproductionbylow-wageworkers,combinedwiththeundervaluedChinesecurrency,doesallowChinatoundercutcompetitors,triggeringakindofdeflationthatmaypushsomeU.S.firmsoutofbusiness.AsTheEconomisthasnoted,高级商务英语阅读补充时文thecostofamountainbikehas...
