COLONIALISM AND IMPERIALISM
IMPERIALISM IN ASIA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Through military bases placed throughout China
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Through bribery
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Through secret alliances
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Through the treaty system
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Detailed explanation-1: -As expected, the trade war has had the largest impact on imports from China of products hit with the highest US tariffs. US imports from China of goods currently facing a 25 percent duty (Lists 1, 2, and 3) remain 22 percent below pre-trade war levels (figure 2).
Detailed explanation-2: -The symbiotic relationship between China and America, also referred to as Chimerica, was built upon mutual advantages, such as a boost in exports for China in return for cheap credit provided to America.
Detailed explanation-3: -Americans were looking for new markets to buy goods, as the British refused to deal with Americans. And the Chinese preferred to work with Americans, who bought Chinese goods. The Europeans only wanted to sell them things. By the middle of the 19th century, though, the relationship had grown.
Detailed explanation-4: -It supports US jobs. While expanding foreign trade can disrupt US employment, trade with China also creates and supports a significant number of American jobs. Exports to China support nearly 900, 000 US jobs, and Chinese companies invested in the United States employ over 160, 000 workers.