Part 7/10:
Exposing China's Trade Practices
An important consideration in the ongoing discussion on globalization is the asymmetrical trade practices of China. Upon joining the WTO, China was expected to adhere to basic trading rules; however, numerous reports have highlighted the country's continued noncompliance. High tariffs on imports, unfair trading practices, and widespread intellectual property theft remain significant hurdles for American companies seeking to compete on equal footing.