China’s rise and the reconfiguration of global economic governance

Eugénia C. Heldt and Susan Park

Review of International Political Economy, 2025, vol. 32, issue 4, 891-898

Abstract: China ‘s rapid economic and political ascension is changing the configuration of global economic governance. In some cases, Chinese initiatives have improved and complemented global governance structures, rather than fundamentally altering and undermining them. In other cases, a sometimes more fragile status quo endures. This special issue examines how China seeks to reconfigure global economic governance. It introduces the issue in two steps. First, it focuses on how China’s rise is altering global economic governance in development finance, trade, and sovereign debt restructuring. Second, the special issue provides detailed analysis of China’s actions in global economic governance, establishing varying degrees of support and opposition ranging from deep cooperation to deep challenging. The special issue features contributions that explore how China is interacting with the global economic order by pinpointing how and why China chooses to challenge, support, or alter multilateral economic institutions. This provides more substance to the claims that China is either a revisionist or a supporter of the liberal international order and offers a more nuanced way to understand how China (dis)engages with multilateral economic institutions. More specifically, it highlights how China has changed economic institutions through its actions and responses by the West to its actions.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/09692290.2025.2482853 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rripxx:v:32:y:2025:i:4:p:891-898

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rrip20

DOI: 10.1080/09692290.2025.2482853

Access Statistics for this article

Review of International Political Economy is currently edited by Gregory Chin, Juliet Johnson, Daniel Mügge, Kevin Gallagher, Ilene Grabel and Cornelia Woll

More articles in Review of International Political Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().