COVID-19 POPULISM CHALLENGES AND CHINA’S FINANCIAL LAW RESPONSES: THREE EMERGING CASE SCENARIOS

Wei Shen (), Carrie Shu Shang () and Li Fang ()
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Wei Shen: Shanghai Jiao Tong University, China
Carrie Shu Shang: California State Polytechnic University, Pomona
Li Fang: Beijing Jincheng Tongda & Neal Law Firm

Journal of Central Banking Law and Institutions, 2023, vol. 2, issue 1, 55-92

Abstract: China’s increasing engagement in international governance has had significant ramifications in international rule-making and institutional build-up. The post-COVID-19 era has seen a rise of populism in China, as well as an elevation of China’s significance in international governance. This article offers a new perspective on China’s growing influence in the midst of resurgent populism, by focusing on three case scenarios: defending state liability in public health crisis lawsuits, championing financial multilateralism, and an emerging digital currency landscape. The argument made here is that China’s status as a rising power has led it to advocate for international rules, standards, and institutions in a de-Americanised and anti-populist manner.

Keywords: Global Public Health Crisis; Populism; Financial Aid; Public Goods; Financial Multilateralism (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:idn:jclijn:v:2:y:2023:i:1c:p:55-92

DOI: 10.21098/jcli.v2i1.27

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