China and Australia

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Submitted By lolfishy
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Only recently has the notion of being part of the world community come into focus in China. Many believe China’s introduction to the world stage commenced in 1972, when it replaced Taiwan as representative in the United Nations. Furthermore when Deng came into Power in 1980 and ended the Cultural Revolution, China was freed from its economic reforms. China’s leaders became convinced that large amounts of capital could be acquired from abroad to speed up the country’s modernization, a change in attitude that elicited an almost frenetic response from foreign bankers and entrepreneurs. Since then China has become a member of the United Nations Security Council, admission to the World Trade organization in 2001; selected to host the 2008 Summer Olympic Games and in 2010 staged a successful Expo Shanghai, which was China’s world exposition that showcased the most technologically advanced metropolises. These were all considered significant steps in Chinas further integration into the global community. Since then Hong Kong and Taiwan have become China’s biggest partners in investment and trade. However Japan, the Unites States, Western Europe, Singapore and Australia have also joined the bandwagon with sizable partnerships with China.

The main inhibitor in China’s efforts to participate in the world community is its dispute with Taiwan. Countries establishing diplomatic relations with China are forced to end relations with Taiwan. Since America pledged its support to Taiwan against attack from China in 1950 contentions have run high. With increasing amounts of trade occurring between America and China, with Taiwan being the largest investor with China many countries are hesitant when it comes to trade relations with China given the unusual war between the two countries occurring. These threats to take over Taiwan by China tempt US political leaders to call for…...

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