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China in Global Economic Governance

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  • Hongying Wang
  • Erik French

Abstract

type="main"> China has made contradictory claims about its attitude toward the existing international order. Is China a “responsible stakeholder” in the existing international regimes? Or has China been a new type of great power seeking to reform the existing world order, making it more friendly toward the global South? In this article, we look beyond Chinese rhetoric and examine China's behavior in global economic governance. A comparison with other emerging powers and traditional major powers shows that China has been actively involved in global economic governance. But, thus far, China has not exercised substantive leadership nor has it pushed hard for change to benefit the developing countries. The level of its support of the current regimes varies across issue areas and is primarily driven by its changing economic interest.

Suggested Citation

  • Hongying Wang & Erik French, 2014. "China in Global Economic Governance," Asian Economic Policy Review, Japan Center for Economic Research, vol. 9(2), pages 254-271, July.
    • Handle: RePEc:bla:asiapr:v:9:y:2014:i:2:p:254-271
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    File URL: http://hdl.handle.net/10.1111/aepr.12068
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    References listed on IDEAS

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    5. Wade, Robert H., 2011. "Emerging world order? From multipolarity to multilateralism in the G20, the World Bank, and the IMF," LSE Research Online Documents on Economics 38603, London School of Economics and Political Science, LSE Library.
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    Cited by:

    1. Stephen, Matthew D. & Parízek, Michal, 2019. "New Powers and the Distribution of Preferences in Global Trade Governance: From Deadlock and Drift to Fragmentation," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 24(6), pages 735-758.
    2. Jong-Wha Lee, 2014. "Comment on “China in Global Economic Governance”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 9(2), pages 272-273, July.
    3. Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Marcus Noland & Shujiro Urata, 2014. "China's Impact on the Rest of the World: Editors’ Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 9(2), pages 163-179, July.

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