US High-Tech Export to China

American and Chinese companies is an important one both in practice and in theory Consumer confidence and shareholder confidence is bound to be at an all-time high when these mutually beneficial export relationships are at play , at least in the opinion of the Chinese . That same address goes on to say , MOFCOM and DOC have signed the Guidelines on the Development of China-US High Technology and Strategic Trade to guide and regulate bilateral high-tech and strategic trade development . According to the Guidelines , MOFCOM and DOC have agreed to take civil aviation and

br aerospace and information technology as the first batch of priority areas of expanding bilateral high-tech trade , and meanwhile the two sides are drafting cooperation plans (Chinese Ministry of Commerce 2010 . The issue of promoting cooperation with a powerful country is one that the United States should be interested in moving forward

The United States must also take a broad view at the global markets in today 's world , seeing the realities for what they are . Though China has jumped up to third on the list of US export destinations , it still lags behind to some extent in high-technology products . According to a report by the Global Times , this is because American high-technology export controls are restricting the types of items that can be shipped to China . That report stated that digital machine tools , certain fiber materials , and electronic devices (Global Times , 2010 ) were among those items that could not be shipped without tight licensing practices The American regulations are being reconsidered , but at current time the government is looking to restrict how much technology China has to work with for military purposes . What the American government needs to recognize is two-fold . First , the current global climate and American-Chinese relationship is such that neither country could ever afford to...