Dec

28

China appears to be in a lot of hot water regarding its trade relations with the rest of the world.

China and its relationship with its fellow members of the World Trade Organization have been at best, temperamental. Long have the world want to have normal, regulated trade relations with the People’s Republic but like a petulant, spoiled big child in a playground– it’s been a trial to get China to comply.

Sometimes one wonders if the powers that be in Beijing ever read and understand the words of their greatest philosopher.

To be able to practice five things everywhere under heaven constitutes perfect virtue…[They are] gravity, generosity of soul, sincerity, earnestness, and kindness.

Virtue is not left to stand alone. He who practices it will have neighbors.

—Confucius, (551 BC – 479 BC), Chinese thinker and social philosopher, from the Confucian Analects.

In short, be nice and nice things happen to you.

However, China broke WTO trade talks last July 30 this year and has been accused of focusing more on its own interests rather than addressing global trade concerns.

Then China was haught since it was in the throes of high economic growth, due to overseas demand for its manufacturing and outsourcing services. Now after the global financial crisis, fraught now recession woes in credit, real estate, its products export record soiled with scandalous manufacturing sins– China could be reaping what it has sown.

China has recently called for the US, and the rest of the world, to be fighting against trade protection after the world’s most influential democracy has filed against the People’s Republic for unfairly promoting goods for export to the WTO.

There was a notice on China’s Ministry of Commerce that declared China has always obeyed WTO rules and opposes protectionism. If that was so, then the July WTO talks should have walked not balked.

With all due respect to China and its peoples, they should instill some virtues and values in their business-trade dealings if they wish to request these from others.

Give and Receive.

Again, the Chinese philosopher said it best all those centuries ago:

What the superior man seeks is in himself. What the mean man seeks is in others…

Outsourcing Solutions, Inc. – your outsourcing partner!

 

References:

  1. Einhorn, Bruce & Srivasta, Mehul. “WTO: Why India and China Said No to U.S..” 30 July 2008. Business Week. Accessed 29 December 2008. Link here
  2. “China urges US to prevent trade protectionism.” 23 December 2008. Business Week. Accessed 29 December 2008. Link here
  3. “Quotations by Confucius.” Word Power Accessed 29 December 2008. Link here

Comments

You must be logged in to post a comment.

Recommended Providers

Recommended Articles

Ask the Expert


Please click here or send an email to jeff@outsourcing.ph with your questions about outsourcing.