World #3 – After US Tariff Increase, Hong Kong and Taiwanese Firms Plan to Move Production From China

Tuesday's World Events - May 21, 2019

Questions

Please note: Daily posting and Answers emails will end for the school year on Tuesday, May 28th.

1. For CHINA, give the following information:

  1. capital
  2. location/the countries that share its borders
  3. the religious breakdown of the population
  4. the type of government
  5. the chief of state (and head of government if different) If monarch or dictator, since what date has he/she ruled? – include name of heir apparent for monarch
  6. the population

Find the answers at the CIA World FactBook website. Answers can be found under the “Geography” “People” and “Government” headings.

NOTE: Before answering the following questions, read the info under “Background” and watch the videos under “Resources” below.

2. For CHINA:
a) list the who, what, where and when of the news item
b) For what reason do many Hong Kong and Taiwanese companies manufacture their products in China?
c) For what reasons are many of these companies moving their factories out of China to Southeast Asia?
d) What is the Taiwanese government doing to help these Taiwanese manufacturing companies? How will the move help Taiwan’s economy?
e) How do you think Southeast Asian countries--where the manufacturing companies are moving to--view U.S. tariffs on China? (positive, negative, indifferent…) Explain your answer.
f) For years, China has engaged in unfair trade practices and theft of intellectual property from U.S. companies. From “Background” below:
Beijing has been waging economic warfare on the United States for years:
-stealing our intellectual property
-forcing our companies to transfer their technology as a price of doing business in China
-subsidizing Chinese state-owned enterprises to prevent U.S. businesses from competing in dozens of sectors of the Chinese economy

In April, President Xi agreed to stop stealing intellectual property from American companies and establish fair trade practices. He then went back on the agreement.

Do you support or oppose President Trump’s efforts to force China to end their unfair trade practices? Explain your answer.