Abstract
The authors provide suggestions for Europe on how to participate in global governance in an era of US-China strategic rivalry. This chapter specifically focuses on China-Europe cooperation in the realms of global trade governance and global financial governance. The chapter emphasizes China-Europe common interest in WTO reform, including the Appellate Body selection process, negotiations in e-commerce and new subsidy rules. For global financial governance, the authors suggest that China and Europe should cooperate on the reform of global financial institutions and mechanisms. For instance, Europe should get more involved in some new financial institutions, such as the Asian Infrastructure Investment Bank and the New Development Bank, and take more responsibility for international financial institutions.
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Yu, Z., Qin, N. (2024). Global Governance of Trade and Finance: The Chinese Perspective on Europe. In: Biba, S. (eds) Europe in an Era of US-China Strategic Rivalry. Global Power Shift. Springer, Cham. https://doi.org/10.1007/978-3-031-48117-8_9
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