Ecological Impact Of International Business On China

1664 words - 7 pages

Ecological impact of international business on China


In the last decade, China has undergone veritable economic expansion, but with great cost to its environment. Unregulated production and pollution have resulted in the existence of over 400 cancer villages in China, concentrated around areas of high economic development (Florcruz, 2013). According to the Chinese media, cancer villages are defined as villages where the number of cancer patients is extraordinarily high due to levels of water pollution from industrial activities. Outside of China, the scientific community identifies "cancer clusters" as regions where cancer is more common as a result of the density of cancer-causing ...view middle of the document...

, 2006). Trade liberalisation is implemented within the member countries of the WTO under the General Agreement of Tariffs and Trade (GATT), a multilateral agreement that works towards lowering the trade barriers of countries through the gradual reduction of import tariffs, quotas and protectionist policies (Morrison, 2006). China's increased participation in the global economy allowed it to emerge as the 'workshop of the world'. The high supply and low cost of relatively skilled labour has allowed it to become the assembly plant for a high number of imports from developing countries meant to be exported to Europe and North America (Greene et. al, 2006).

The resultant rapid industrialisation and willingness to sacrifice the ecology for economic gain has had detrimental effects on the environment. A total of 16 of the world's 20 most polluted cities are in China (Lagorio, 2010). The country faces severe environmental degradation with measurable costs on the economy and wellbeing of the nation. Morrison defines environmental degradation as the environmental change caused through human activity which intensified after the Industrial Revolution; with the production of synthetic materials generating both new and old pollutants and widespread resource depletion due to the sudden hike in manufacturing capacity (2006). China currently stands as the world's largest emitter of carbon dioxide (CO2) (CIA, 2013). The high levels of CO2 emissions, material damages from air pollution and soil nutrient depletion combined result in an economic cost of 9% of the country's Gross National Income (GNI) (Hill, 2013). The cost of pollution has also continued to climb over time as the rising urbanisation results in more people being exposed to harmful pollutants in the air. Moreover, the external costs of pollution are not limited to China itself. Harmful pollutants such as sodium dioxide and black and organic carbon can have critical affects on their neighbouring countries (Hill, 2013). This transmission of pollutants across national jurisdictions is known as transboundary pollution (Morrison, 2013).

Hill states that one of the issues with environmental degradation and the systems in place for measuring them is that they do not take distributional concerns into account. Health problems caused by pollution affect the impoverished on a much larger scale compared to the economically well-off. Even if they wanted to relocate in order to pursue a better standard of living for their families, they face financial constraints which make it difficult for them to elude heavily polluted areas (Hill, 2013). Furthermore, farmers and labourers in the agriculture industry stand to lose the most if the problem of climate change increases in severity. Climate change is linked to the process of global warming which happens through the trapping and build up of several greenhouse gases, particularly CO2, leading to the greenhouse effect (Morrison, 2006). The agriculture...

Other Essays Like Ecological Impact of International Business on China

Macroeconomic Impact On Business Operations Essay

2007 words - 9 pages ). McConnell & Brue describe the discount rate as the interest charged by Federal Reserve Banks on loans made to commercial banks. (2005, p. 274). This is in contrast to the federal funds rate, which is the interest rate charged by banks for loans made to other banks. The required reserve ratio is the percentage of the deposits that any bank must hold as reserves and is determined and set by the Fed. Finally the term "open market operations

Iimpact of International Trade Fair Participation on Export – an Empirical Study of China Based on Treatment Effect Model

5490 words - 22 pages Impact of International Trade Fair Participation on Export – An Empirical Study of China Based on Treatment Effect Model Silu Shrestha, Zhuo Li* Economics and Management School, Wuhan University, Wuhan, Hubei, China This paper examines the impact of international trade fair participation on export of China, explained by participation in overseas international trade fairs organized by China Council for Promotion of International

An Analysis Of Impact Of External Environment Factors On Hainan International Ltd And Its Strategy Of Dealing With These Factors

2931 words - 12 pages BUSINESS FUNCTIONS CORP1904COURSEWORK ASSIGNMENTAn Analysis of Impact of External Environment Factors on Hainan International Ltd And Its Strategy Of Dealing With These FactorsCONFIDENTIALSummaryHainan International Ltd, as a class one contractor based in Tanzania and working in East Africa market actively, has been successfully since incorporated in 1998. Hainan is developing from a relatively small capital to a reputable contractor in Tanzania

Obama Care - Impact on Small Business Employers

5641 words - 23 pages The Projected Impact of the Patient Protection and Affordable Care Act on Small Business Employers Stephanie Pankey University of Mississippi The Projected Impact of the Patient Protection and Affordable Care Act on Small Business Employers The Patient Protection and Affordable Care Act (ACA) 2010 is federal legislation that is commonly referred to as Obamacare and was passed by Congress and signed into law by President Obama

The Impact Of The Great Wall Of China

1429 words - 6 pages ://www.greatwall-of-china.com/42/discovery-research-1.html>. Morley, Jacqueline, and David Antram. You wouldn't want to work on the Great Wall of China!: defenses you'd rather not build. New York: Franklin Watts, 2006. Print. "The Great Wall Of China." Activity Village. N.p., n.d. Web. 13 Mar. 2014. . "The Impact of the Qin Dynasty." About.com Chinese Culture. N.p., n.d. Web. 13 Mar. 2014

A REPORT ON SUCCESSFULLY DOING BUSINESS IN CHINA

1543 words - 7 pages INTRODUCTIONTo do business in China successfully, a sincere willingness to learn and a new way to communicate in business is what one needs. To succeed, one must have an understanding of their counterpart's country, culture and ethics. This report will provide a general overview of China. It will also provide detailed information on doing business with China in relation to power, role and status, business decision making, social behaviour, work

Final Paper For International Business, Complete Country Report On Slovenia

7824 words - 32 pages process of becoming a full member.Slovenia has an excellent transportation network. It has roads 20,126 km long, and its largest cities are connected by railroads. There are also three major airports and a port at Koper on the Adriatic Sea. In October 1991 the republic released its own currency, the Tolar, to replace the Yugoslav Dinar.In early 1993 Slovenia joined the International Monetary Fund (IMF) and the Conference on Security and Cooperation

Impact of Monopolies on Communities

2267 words - 10 pages strategy has been to spread out while taking into consideration the distance customers would have to travel to shop. Even though Walmart brings with it the ease of access for consumers it all increases poverty levels because of lowered earnings. Could it be that the focus on Walmart’s impact on communities has been negative because of businesses that go out of business or relocate when Walmart sets shop? Thus, in context of Walmart’s continued

Impact of Technology on Production.Doc

1582 words - 7 pages What is Technology? Technology is not just about computers and latest gadgets. Technology is the practical application of science to improve human life. Technology is important because we depend on so many assets; basic tools, irrigation, medical advancements, and that is to say nothing of the convenience of modern-day. Technology is the development of new skills, approaches and techniques which make something easier to do in a more

Impact of Computer on Health

636 words - 3 pages The invention of computers started the revolution of Information Technology (IT) in the world, bringing modern concepts into the world. In the past few decades, offices, factories and business adopted computers to enhance their performance. The next were the households to adopt the computers as their new form of entertainment. Today, computers, along with Internet technology are being introduced into hospitals to enhance the performance of the

Political, Legal and Social Factors Have an Impact on Business

2914 words - 12 pages national government Labour, Liberal Democrats or Conservatives a good example of this would be income taxes. Local government would be business rates. Taxes are useful for the government as it help them create revenue so they can spend it on the NHS and School for example. If taxes were decrease it would have impact on all organisation, such as Merthyr Tydfil Borough Council would be that as people are putting less into them they are not going

Related Papers

The Impact Of Liberalism On International Relations

2052 words - 9 pages this (Mingst, 2008). This was probably the beginning of a coherent belief in a sort of union of sovereign states. Toward the end of the seventeenth century William Penn believed a ‘diet’ (parliament) could be set up in Europe, like the European Union of today (Baylis and Smith, 2001). We can see much of this liberal thinking today in organizations such as the United Nations. Another influential work to have an impact on liberal thinking was

Impact Of E Business On Supply Chain Management

893 words - 4 pages , delivery, and sale of a product to the consumer (Wise Geek, 2011). The supply chain normally consist of suppliers or vendors that sell parts that are required to produce a completed product that is eventually sold to the end user. E-business’ impact on traditional supply chains has provided a boost to today’s enterprises to help develop international competitiveness and successfully expand the market. E-business has profoundly impacted the

Assessing The Impact Of Globalization On The Caribbean Business Environment

3225 words - 13 pages The purpose of this paper is to assess the impact of globalization on the Caribbean business environment. Much has been written about globalization which is more accurately viewed as a process of change rather that an event which has already occurred. The impact of globalization on any environment can be both positive and negative and can be described as the enablers or the constraints which affect the decisions made by leaders, both government

Macroeconomic Impact On Business Operations Essay

1544 words - 7 pages . Retrieved on November 13, 2009 from http://dl.ccc.edu/classes/internet/economics180/module14.htm FRB: Federal Reserve Act. (2008). Board of Governors of the Federal Reserve Board. Retrieved November 13, 2009 from http://www.federalreserve.gov/aboutthefed/fract.htm Kapoor, Hughes, Pride. (2010) Business. Chapter 18 p. 535. Cengage Learning. McConnell & Brue. (2004). Economic: Principles, problems and policies (16th ed). Chapter 15. New York: McGraw-Hill. Reserve Requirements. (2009). AmosWEB Encyclonomic WEB. Retrieved November 13, 2009 from http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=reserve+requirements