in various governments; mainly in dealing with the nuisance of the U.S.s yearly criticism of their human rights record while China attempts to regain MFN status. This greater stability will attract foreign investors in Chinas exports and Domestic enterprises. These investors will bring with them new capital, new management, access to global production and distribution, and most importantly new information and technology. These new investors will also help reform Chinas economy. Companies will now be punished or rewarded with bankruptcy or new trade depending on their management and profitability. This will motivate companies to stream line production and become more aggressive in their sales. To attract foreign investors China will have to change or modify its foreign policy. These changes first became apparent in 1995 when China opened their doors to American movies, music, and software. Then in 2000 they promised to make their currency convertible for foreign trade. They have also continuously cut tariffs and regulations to gain admittance into the WTO.The process by which these policies are made must also change to allow for more trade and investment. With the addition of new capital and industry, and thus new stakeholders in the Chinese market, China will have to allow for more interests to be represented. Policymaking in China must become pluralized. Public opinion will now be more important since the consequences of their actions will directly affect individual industries and workers. The process has started to become more bureaucratic and issues are now debated more openly, but top-level policy makers can still flex their political influence and direct a change. The two major players in policymaking are the MFA and MOFTEC. The Military Affairs Committee is usually an obstacle to favorable trade relations with other countries due to their fear of foreign invasion, even if it is only intellectual.China could potenti...
