Final answer:
The concept in question relates to foreign direct investment as part of international trade, with a focus on China's comparative advantage in the manufacturing sector. China's influence on global trade includes issues related to environmental sustainability and human rights, amidst its rapid industrial growth and expansion.
Step-by-step explanation:
When considering the establishment of a manufacturing operation in China, one is engaging in a form of foreign direct investment (FDI). This kind of economic activity falls under the subject of international trade and business, and is reflective of China's use of comparative advantage over other states in manufacturing.
China's industrial sector has geared up to partake in the global marketplace, fostering areas such as alternative energy, genetics, and technology. Moreover, it has positioned itself as a manufacturing hub due to its effective control over businesses, large labor force, and governmental policies. Products such as electronics are mass-produced in regions like Shenzhen, supporting China's role as a prominent player in international trade.
The competencies and industrial landscape in China affect global trade dynamics, for instance, through president Trump's 2018 economic policy which addressed concerns regarding unfair trade practices and the country's industrial policies in terms of dumping and non-tariff barriers.
Environmental sustainability and human rights have also emerged as significant talking points regarding China's global economic strategy and operations. Ensuring that economic expansion does not exacerbate pollution or lead to resource exhaustion is a challenge as China increases its global influence, as seen with initiatives like the Belt and Road.