Synopsis:
American labor and human-rights activists argue that their campaigns against the New York Stock Exchange's listing of China's state-owned enterprises will force China to improve human-rights and labor standards.

This article explains why such campaigns do not help China continue its economic reform. China's progress has been possible because it has opened up to the world economy and deftly used foreign capital and technological know-how. In this sense, the recent campaigns or sanctions are in fact pushing China in the wrong direction.

Full-text Article: http://www.businessweek.com/2000/00_16/b3677107.htm

Text connection: Chapter 2 "National Differences in Political Economy" (pp.39-41).

Return to This Week in Global News