The People’s Republic of China (PRC)’s drive to fully participate in the world economy has roots in the 1950s.

Last 4 March, on the opening day of the China’s annual National People’s Congress, Premier Li Keqiang affirmed, "We will ... oppose protectionism in its different forms [and] become more involved in global governance." The speech came less than two months after President Xi Jinping’s "robust defence of globalisation" and free trade at the World Economic Forum in Davos – which some have taken as a sign that "the world has turned upside down". China’s strong will to participate fully in trade cooperation and global governance was first formalised when the PRC became…continue reading →