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China in Global Economic Governance
Authors:Hongying Wang  Erik French
Institution:1. University of Waterloo;2. Syracuse University
Abstract: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.
Keywords:China  development aid  finance  foreign direct investment  global governance  trade  F53  F55  F59  F65  F68
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